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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

Upstate New York Customers Will Pay 13% Less for Electricity

LCG, Mar. 1, 2002--A five-year rate settlement between New York state regulators and New York State Electric & Gas Corp. will bring down electric rates for 825,000 customers by 13 percent.

NYSEG is the second-largest utility in upstate New York, serving several Buffalo suburbs. The contentious path to the final rate agreement came after NYSEG suggested last March that it be allowed to freeze its rates for seven years. The proposal was offered as a contrast to volatile prices at the wholesale level in California.

The response to the plan was that NYSEG's rates were nonetheless among the highest in the country, and 23 percent above those of Rochester Gas & Electric Corp. (The Public Service Commission approved a deal in which NYSEG would acquire RG&E earlier this week.) NYSEG revised its terms to include a three percent rate cut, and a freeze for six years.

The cut agreed upon takes effect today, meaning residential customers will be charged 12.2 cents per kilowatt-hour, rather than the 14 cents they have been paying. Flexible terms are available to all customers, who can purchase electricity at market prices rather than at a fixed rate, expected to be five percent above market prices based on forecasts. They may also limit their purchases from NYSEG entirely to delivery services, and buy electricity from another company altogether.
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