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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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Industry News

Mass. Electric Requests Cut in Default Service Rates

LCG, Sept. 19, 2001--Massachusetts Electric Co. said yesterday it has filed a request with the Massachusetts Department of Telecommunications and Energy to cut its standard offer service rate to reflect the current lower cost of power it purchases on behalf of its customers on Default Service.

About a quarter of the utility's 1.2 million customers receive Default Service.

The reduction would be more than 2 cents per kilowatt-hour on the fixed price Default Service portion of residential customers' electric bills, effective November 1. If approved, the typical residential customer on fixed price Default Service using 500 kilowatt-hours of electricity per month will see a 15.2 percent, or $11.48, reduction in the overall monthly bill, the company said.

At present, the fixed price Default Service rate for residential customers is 9.213 cents per kilowatt-hour. A typical residential customer using 500 kilowatt-hours per month now pays about $75.60. The proposed fixed price Default Service rate for residential customers is 6.917 cents per kilowatt-hour. A typical residential customer's bill under the proposed reduced rate would be $64.12 per month.

"We are pleased that lower wholesale market prices allow us to reduce rates to our customers on Default Service beginning November 1. We are also hopeful that more market choices will be available for customers as we go forward and the power markets develop further," said Cheryl LaFleur, president and chief executive officer of the utility.

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