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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

Boston Edison Parent Asks for Electricity Rate Cuts

LCG, Oct. 16, 2001--NSTAR Electric said yesterday it has asked the Massachusetts Department of Telecommunications and Energy for permission to cut electricity prices by as much as 27 percent for customers who take default service from the company.

If approved, the rate cut could save those customers more than $11 per month, the company said.

While the reductions vary slightly for three NSTAR affiliates, Boston Edison Co., Commonwealth Electric Co. and Cambridge Electric Co., customers will see roughly the same savings on their monthly electric bills. The typical householder, using about 500 kilowatt-hours of electricity per month, will see his bill drop from the high-$40s to the mid-$30s.

Thomas J. May, NSTAR's chief executive, said "We are delighted to see world energy prices falling so rapidly and we are even happier to see the savings coming home to the people and businesses of Massachusetts. These lower energy prices will save Massachusetts residents and businesses more than $450 million and that will be a major contribution to the financial health of our state's economy."

The company said that it will ask approval next month to cut standard offer rates for the three local utilities. These requests come on top of an earlier filing asking approval to reduce natural gas prices by 32 percent.

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