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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Industry News

Cinergy Unit to Seek Cincinnati Gas Rate Hike

LCG, June 28, 2001Cinergy Corp. said this morning that its Cincinnati Gas & Electric Co. subsidiary plans to ask Ohio regulators for authorization to raise base rates for natural gas by about $26 million a year, an average 5.7 percent increase in customer bills.

Joe Hale, president of CG&E said "We have been able to keep this request well below the cost of living index which has increased nearly 15 percent since CG&E's last gas base rate increase five years ago."

Cinergy said the proposed increase in base rates recovers the company's costs to operate and maintain its gas distribution system. Hale pointed out "Since our last base rate increase in 1996, we have continued to make reliable and safe gas service our priority by investing $146 million in our gas distribution facilities."

If the proposed rates are approved by the Public Utilities Commission of Ohio, a typical residential customer of CG&E would see an increase of $4.90, or 6.1 percent, making his monthly bill $85.40 instead of the current $80.50. Rates for non-residential firm transportation customers would increase about 2.3 percent, while non-residential interruptible rates would increase about 4.6 percent.

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