utilities

Enbridge Inc. heralded the more than $20 billion of acquisitions it announced in 2023, including a string of deals to transform its natural gas utility operations in the Lower 48. The utilities would boost Enbridge’s Lower 48 customer base to 7 million and position it for long-term growth following the surge in fourth-quarter and full-year…

Natural gas residential customers have reported less satisfaction with utilities as bills in 2023 increased by about 17% from last year, but softening gas prices and companies increasing communication could reverse the trend, according to a recent survey by J.D. Power.  In its 2023 Gas Utility Residential Customer Satisfaction Study, the data and analytics firm…

Several utilities released extensive plans to grow natural gas generation, expand pipelines and add LNG storage across the country to meet a wave of demand, executives said during the recent third quarter conference calls.  Many utilities have filed integrated resource plans (IRP) with state regulators that outline the role natural gas would play to ensure…

Chesapeake Utilities Corp. has agreed to pay $923 million in cash to acquire NextEra Energy Inc. subsidiary Florida City Gas (FCG), which, once complete, is expected to more than double Chesapeake’s natural gas business in the state.  FCG, a subsidiary of NextEra’s Florida Power & Light Co., owns and operates about 3,800 miles of distribution…

North American utility customers are less likely to pay into carbon offset programs using renewable natural gas (RNG) or differentiated gas when prices are high, according to several industry executives.  Many U.S. natural gas utilities have programs that allow customers to choose whether to pay an added fee for carbon offsets, including for RNG and…

Natural gas utility customers rate their service providers higher than electric customers, in part because of the fuel’s lower cost and reliability, according to a recent study by J.D. Power.  In its inaugural Utility Brand Appeal Index (BAI), which surveyed 80,000 residential customers from 149 electric utilities and 85 natural gas utilities over eight months,…

A Canadian startup is targeting 2025 to begin a low-carbon hydrogen blending pilot with local natural gas utility Gas New Brunswick. Fredericton, New Brunswick-based Nu:ionic Technologies Inc. said it plans to deploy its proprietary teal hydrogen technology, which combines elements of the more widely known “blue” and “green” production methods. The teal method utilizes microwave…

U.S. natural gas utilities are using innovation and technology to improve their portfolios, adding more renewable natural gas (RNG) and alternative fuels while reducing coal, executives said during the recent second quarter conference calls.  Some utility executives noted that higher costs affected their recovery from last year’s high natural gas prices, but they are steadily…

San Diego Gas & Electric Co. (SDG&E) and Southern California Gas Co. (SoCalGas) both filed with state regulators to raise revenue as they pursue “the dual opportunities of advancing decarbonization and helping to deliver energy security globally,” said CEO Jefff Martin.  “We understand that modern energy infrastructure is a great enabler of prosperity, health and…