AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

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Industry News

Fitchburg G&E Files Electric Rate Reduction

LCG, Oct. 23, 2001--Unitil Corp. said yesterday that its subsidiary Fitchburg Gas & Electric Light Co. filed compliance tariffs last Friday with the Massachusetts Department of Telecommunications and Energy for an immediate reduction in its electric distribution rates.

If approved, monthly bills for all FG&E electric customers will be reduced for electrical usage on and after October 19. When fully reflected in rates, customers will see reductions of between 0.8 percent and 5.2 percent depending on rate class and usage.

The company said a residential customer using 500 kilowatt-hours of electricity per month will see a reduction of $1.90 on his electric bill.

"These orders resolve various long-standing cases pending before the Department which we are glad to get behind us," said Unitil chief executive Bob Schoenberger.

He added "Going forward, we will evaluate the adequacy of our distribution rates and address any concerns in future rate proceedings. We are committed to continuing our plans for improved service and reliability and additional investment and economic development for FG&E, and we are committed to providing competitive rate levels to our customers."

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