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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Regulators Suspend Nicor Gas Choice Expansion

LCG, Sept. 21, 2000The Illinois Commerce Commission voted yesterday to suspend expansion of the Nicor Gas Co. customer choice program to include all of the company's customers. The commission will conduct hearings on the program that Nicor fears could take up to 11 months.

Nicor Gas began a three-year pilot program for its customer choice plan in January, 1998. Now, almost three years later, fewer than a third of those customers eligible to participate have done so. Even so, the company has sought to expand the program to include all of its 1.9 million natural gas customers in Northern Illinois.

Critics of the program have complained that alternative suppliers of natural gas have been evasive or worse about price comparisons and have not honored fixed price agreements entered into with customers.

There have also been complaints that Nicor Energy, an unregulated energy provider and, like Nicor Gas, a subsidiary of Nicor Inc., has been less than candid about not being the same company as the good old gas company.

This latter complaint could have a bearing on whether Nicor Gas will be allowed to expand its customer choice program. The ICC originally said the program would be eligible for expansion when 20 percent of those eligible to switch providers did so. Those critical of the program say that many of the customers that "switched" were simply changed from Nicor Gas customers to Nicor Energy customers, without being aware of the difference.

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