May 16, 2013 New York Governor Andrew Cuomo unveiled earlier this week a detailed proposal outlining how the Long Island Power Authority (LIPA) will be restructured in order to stabilize electricity rates, reduce LIPA’s debt, and provide better overall service for the utility’s customers. In Gov. Cuomo’s press release: “Under...
PSE&G has filed a request with New Jersey’s Board of Public Utilities (BPU) to raise $3.9 billion to update its power and gas energy grids. Termed the “Energy Strong” program, the increased revenue will go towards infrastructure upgrades that will prevent widespread power outages such as those experienced in Superstorm...
Will U.S. Electricity Rates Increase in 2013? Short Answer: Not Likely Over the past several months, electricity rates for U.S. residential customers have shown little fluctuation in many markets across the country and are expected to remain relatively stable for the remainder of the year, thanks to both cheap natural gas...
Plumsted Township, a small town in central New Jersey, has become the first municipality in the state to participate in community-wide electric aggregation. A decade-old state law allows municipalities to purchase electricity in bulk from a chosen retail electricity provider with the purpose of providing its citizens cheaper electric supply...
New Jersey residents and businesses continue to see more options for their electricity supplier, with Stream Energy announcing it has expanded its service area in the state....
