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Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Niagara Mohawk to Cut Power Delivery Charges

LCG, Aug. 17,2000--Niagara Mohawk Power Corp. said yesterday that the New York State Public Service Commission had approved its plan to lower electricity delivery prices for most of its customers beginning next month.

Residential and small commercial customers will see average electricity delivery price reductions of about 1.5 percent when compared to last September. The reduction would be on top of an average 1.7 percent delivery price cut over the last two years.

The companys largest industrial customers will see their delivery prices reduced by about 1.9percent when compared to a year ago.

William E. Davis, Niagara Mohawk's chairman and chief executive, said "These savings and New York state's important energy tax reductions will play a significant role in our efforts to promote economicdevelopment and competition across our service territory."

Total savings the three-year plan will come to about $600 million, including gross receipts tax reductions and discounts currently offered to Niagara Mohawk's largest customers under the company's flexible pricing programs, the company said.

Davis said the new pricing structure will allow customers to make more meaningful comparisons between Niagara Mohawks prices and those of other service providers.

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