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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Regulators Okay South Jersey Gas 19 Percent Rate Hike

LCG, Nov. 10, 2000--South Jersey Gas Co. said yesterday the New Jersey Board of Public Utilities had authorized an annual rate increase for natural gas of about 19 percent for the typical residential customer.

The company said a typical residential heating customer should expect to see a $152.29 totalannual increase, which is enough money to do something with.

The company pointed out that the increase only applies to the portion of the bill that represents the gas commodity and serves as a method to pass gas costs through to customers. South Jersey Gas said it makes no profit on the sales of the natural gas commodity itself.

" Over the last several months energy prices nationwide rose dramatically for most major fuel sources including oil and natural gas. This rate increase was necessary to recover the record wholesale natural gas costs we've already incurred and paid for on behalf of our customers. As soon as it is possible to reduce this rate we will file to do so," said Charles Biscieglia, chief executive of the gas company.

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