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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

Con Edison Customers to See Rates Drop Sunday

LCG, March 30, 2001The New York State Public Service Commission said yesterday that electricity customers of Consolidate Edison Co. of New York will see a decrease in the distribution charge for power beginning Sunday.

The rate cut for householders and small businesses will be about 9.8 percent on the delivery portion of the bill, and larger commercial customers will see a reduction of around 6.2 percent, the commission said. All customers received an earlier 6.8 percent reduction in their distribution bills in January.

The combined reductions will remain in effect through March 31, 2005.

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