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Virginia Governor Signs Executive Order to Drive Renewable Energy Installations

LCG, September 18, 2019--The Governor of Virginia signed an Executive Order 43 yesterday setting statewide goals for clean energy deployment and expands upon the Commonwealth's commitments to reduce the environmental impact, mitigate the impacts of climate change, and boost the clean energy economy in Virginia.

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Los Angeles Moves A Step Closer to Approving Huge Solar with Battery Storage Installation

LCG, September 12, 2019--The Los Angeles Department of Water and Power (LADWP) Board of Commissioners unanimously approved a plan on September 10 to install a 300-MW/1,200-MWh battery energy storage system (BESS) located at 8minute Solar Energy's (8mSE) Eland Solar and Storage Center.

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Industry News

Regulators Approve DP&L Transition Plan

LCG, Sept. 22, 2000Dayton Power & Light Co. said yesterday that Ohio regulators have approved the company's plan for its transition to a competitive electricity market. The company said the plan includes a three-year freeze on generation rates and a six-year freeze on delivery charges.

The Public Utility Commission of Ohio approved the DP&L plan yesterday after a settlement agreement was reached with numerous public agencies and business, consumer and electric industry representatives.

"With today's PUCO approval, DP&L has a transition plan in place that increases our growthpotential in a competitive market," chief executive Allen Hill said yesterday. "At the same time, it provides customers with a smooth transition to a deregulated supply market."

The company's transition plan covers a period which begins this coming January 1 and ends Dec. 31, 2003. Under the plan, DP&L will reorganize to separate its generation, transmission and distribution activities. In a news release, the company ticked off several provisions of the plan.

  • DP&L will have the opportunity to recover its transition costs.

  • No caps are placed on the company's allowable rate of return.

  • The utility will be allowed to purchase or sell assets without PUCO approval or impact on transition cost recovery.

  • Residential customers will receive a 5 percent rate discount that will stay in effect for three years.

  • Transmission and distribution charges will remain fixed for six years.

  • Customers will be able to seek savings from alternative providers of generation or receive guaranteed fixed prices from DP&L.

  • The utility will spend $1 million on customer information programs.

  • DP&L will invest an unspecified amount in low-income and energy efficiency programs.

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