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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Duke Energy Submits 2026 Carolinas Resource Plan to Public Service Commission

LCG, August 19, 2026--Duke Energy announced Monday that its 2026 Carolinas Resource Plan was submitted August 14 to the Public Service Commission of South Carolina (PSCSC). The company states that its strategy is designed to maximize the value of existing resource assets while (i) making prudent investments in additional diverse resources needed to serve South Carolina's growing population and economy and (ii) maintaining its focus on delivering safe, reliable and affordable energy. The PSCSC will now evaluate the 2026 Carolinas Resource Plan, hold a hearing in April 2027 and issue an order by June 2027.

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Industry News

Unitil Asks for New Hampshire Rate Decrease

LCG, June 19, 2001--Concord Electric Co. and Exeter & Hampton Electric Co., both subsidiaries of Unitil Corp., have filed for a 15 percent rate decrease with the New Hampshire Public Utilities Commission, the parent company announced yesterday.

If approved, the decrease would take effect on August 1 for customers of both electric companies. Unitil said the rate decreases are the result of lower proposed fuel and purchased power adjustments and will give customers of the two utilities the lowest rates in the region.

The company said a typical Concord residential customer using 500 kilowatt hours per month will see a decrease of $9.31, giving him a total monthly bill of $53.57. A typical Exeter & Hampton residential customer using 500 kilowatt-hours a month will see a decrease of $9.66, yielding a total monthly bill of $51.09.

The company giveth and the company taketh away. While Concord Electric and Exeter & Hampton customers see their rates decrease, those of Unitil's Massachusetts subsidiary, Fitchburg Gas & Electric Light Co., are likely to see their rates increase. Fitchburg asked Massachusetts regulators on May 25 for permission to raise rates to cover higher energy supply costs.

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