"HISTORICAL" is key.
Author E3 quotes its own 2024 study for the VA Legislature, which found data centers didn't raise rates. But in that 2024 paper, E3 warns VA residents could pay $450/yr for data center power. That warning somehow absent from this backward-looking paper.
Whether its NextEra buying Dominion, a Blackrock consortium buying AES, or Blackstone buying TXNM, utility consolidation will have negative impacts affordability, transparency, service quality, and regulatory / legislative capture.
NextEra is trying to acquire Dominion in a deal that will create the largest electric utility in the country.
At a time when Americans are already struggling to make ends meet, this $66.8 billion deal will give the utility giant even more leverage to hike electricity rates.
New from @karleeweinmann - CenterPoint Energy is under fire for deceptive billing practices in MN that systematically increase the risk that elderly and low-income customers will see their gas service disconnected *even when they pay their monthly bills.* https://t.co/KuPjdHtfhG
Today, Assemblymember Marc Berman announced the California Ratepayer Protection Act which, if passed, will establish guardrails for how monopoly utilities spend customer money. This bill will offer customers relief when utilities try to pass off expenses. https://t.co/WUCAIk6BFN
Our new report finds utilities are falling behind on interim emission reduction goals promised to investors and customers. This trend is made more concerning given it is playing out against the backdrop of the Trump admin's attacks on climate policy.
https://t.co/la4Ov4VIIo
We're now thrilled to hear from @EnergyandPolicy 's @Matt_Kasper and our own @klowmn, who will break down the core parts of our latest toolkit for state and local lawmakers to rein in monopoly utilities.
Tune in here👇
"It's clear that he does work in the electric supplier space," @itai_vardi told @CTMirror. "That's a clear conflict for him." Read the full story here: https://t.co/a6Fzfpg6MF
Two gas monopolies providing the same service in the same city should in theory charge the same prices. Yet the difference between what ConEd charges the Bronx for gas delivery and what National Grid charges Queens for gas delivery is a staggering 200%.
Here’s how the broken system in New York is raising costs for New Yorkers:
NEW: Since 2021, investor-owned utilities have raised residential electricity rates 40 percent more than inflation.
Today we're out with a new toolkit for state lawmakers to rein in costs and utilities' political power.👇
The Energy Poverty Awareness Center has ties to a group that is largely funded by fossil fuel firms, according to documents reviewed by The Post. https://t.co/u9n3R6ao6c
A 1,070-MW coal plant, once slated for retirement by 2023 and now the #9 largest GHG polluter in Indiana, appears to be on the verge of executing a long-term agreement to sell a majority of its energy and capacity to an unnamed data center developer.
NEW: @WBUR + @MiriamWasser reveals Leonard Leo's extensive funding of the New England Fishermen's Association (NEFSA), a rapidly expanding 'grassroots' group opposing offshore wind in New England.
Read it here: https://t.co/kkv1u1jAye
In February 2023, weather caused massive power outages in Michigan.
There were calls for accountability for the utilities.
The main bills eventually stalled.
Also, in 2023, House Speaker Joe Tate’s nonprofit received $100,000 from a DTE-linked fund. https://t.co/ApR1dfDPwW
EEI partnering with RGA for a fundraiser for Donald Trump's inauguration next month.
Someone send me one of those $7,500 koozies!
https://t.co/kiGS8KMJDi