New York State is poised to ban natural gas hookups in construction of new residential buildings by the end of 2025 after Gov. Kathy Hochul (D) announced an agreement on the state’s 2024 budget. “We’re going to be the first state of the nation to advance zero-emission new homes and buildings, beginning in 2025 for…
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Missouri Utility Hiking Rates, Encouraging Efficiency
A proposal to hike rates by Missouri Gas Energy (MGE) of Kansas City, MO, also includes incentives to encourage energy efficiency among consumers and options for the financing of energy-efficient appliances, the Laclede Gas Co. utility said.
CSU Sets Up U.S. State Energy Legislation Tracker
The Center for the New Energy Economy (CNEE) at Colorado State University announced that it has created a new online database of energy-related state legislation pending in all 50 states, “from solar to natural gas and everything in between.”
Wellinghoff: Changing Energy Landscape Still Dependent on Gas
The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.
Wellinghoff: Changing Energy Landscape Still Dependent on Gas
The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.
Iowa Utilities Board Rejects Rate Decoupling
In some states where consumers are conserving gas and using more efficient appliances, the reduced gas consumption cuts into the net income of local distribution companies (LDC) and it’s necessary to decouple distribution revenue from throughput or gas consumption to preserve utility revenue.
Iowa Utilities Board Rejects Rate Decoupling
In some states where consumers are conserving gas and using more efficient appliances, the reduced gas consumption cuts into the net income of local distribution companies (LDC) and it’s necessary to decouple distribution revenue from throughput or gas consumption to preserve utility revenue.
Industry Briefs
TXU Energy Services entered a five-year energy management agreement with Maytag Corp. — a leading manufacturer of appliances — that is expected to provide Maytag with significant savings on its energy expenditures. The deal follows an active February in which TXU entered two similar contracts (see NGI, Feb. 26). Under the agreement, TXU Energy Services will procure or negotiate contracts for commodities including natural gas, electricity, coal, fuel oil and propane, and provide consolidated billing and risk management for 14 Maytag manufacturing facilities. The deal also includes demand-side management assessments of energy equipment and analysis of potential energy efficiency improvements. Terms of the agreement were not disclosed. “By consolidating and analyzing multiple bills for facilities in 10 different states and Mexico, we can identify problems and come up with individual changes that will help lower Maytag’s total utility costs,” explained Ken Breeden, president of TXU Energy Services commercial and industrial division. “Then we can look at the goals of each manufacturing plant, develop a program to meet those goals — including their tolerance for risk — and put together a risk management program for procuring the various types of fuel they need.” In late February, TXU signed a 10-year multi-million dollar agreement with Aperian Inc. to own, operate and maintain the mechanical and electrical energy equipment at Aperian’s five Internet data centers. Also last month, the company entered into a three-year, $100 million-plus comprehensive energy management contract with Bass Hotels & Resorts, a subsidiary of Bass PLC, to provide natural gas, electric and risk management services for 118 hotels. To date, the company is serving more than 8,000 customers in 33 states and has completed more than 3,500 energy management projects nationwide.
TXU Energy Services Continues to Roll in 2001
TXU Energy Services entered a five-year energy managementagreement with Maytag Corp. — a leading manufacturer ofappliances — that is expected to provide Maytag with significantsavings on its energy expenditures. The deal follows an activeFebruary in which TXU entered two similar contracts (see Daily GPI,Feb. 21)
AGL Resources Posts Third-Quarter Losses
AGL Resources Inc., parent of Atlanta Gas Light (AGL) posted anet loss of $1.2 million for the third quarter ended June 30,compared with a gain of $1.4 million for the year-earlier quarter.