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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

Cinergy Unit to Seek Cincinnati Gas Rate Hike

LCG, June 28, 2001Cinergy Corp. said this morning that its Cincinnati Gas & Electric Co. subsidiary plans to ask Ohio regulators for authorization to raise base rates for natural gas by about $26 million a year, an average 5.7 percent increase in customer bills.

Joe Hale, president of CG&E said "We have been able to keep this request well below the cost of living index which has increased nearly 15 percent since CG&E's last gas base rate increase five years ago."

Cinergy said the proposed increase in base rates recovers the company's costs to operate and maintain its gas distribution system. Hale pointed out "Since our last base rate increase in 1996, we have continued to make reliable and safe gas service our priority by investing $146 million in our gas distribution facilities."

If the proposed rates are approved by the Public Utilities Commission of Ohio, a typical residential customer of CG&E would see an increase of $4.90, or 6.1 percent, making his monthly bill $85.40 instead of the current $80.50. Rates for non-residential firm transportation customers would increase about 2.3 percent, while non-residential interruptible rates would increase about 4.6 percent.

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