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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

Virginia's Transitional Rates Draw Notice by Suppliers

LCG, Jan. 15, 2002--The announcement of Virginia retail rates by the State Corporation Commission gives potential power suppliers a benchmark against which to consider supply offers.

The key figure is the "price to compare," to which a transition charge is added. The "price to compare" is the price a supplier will have to beat in order to draw a customer looking for a less expensive alternative to Virginia Power; those who do not switch do not pay the transition charge. Until price caps are lifted in 2007, any customer switching to an alternate supplier for electricity will pay a transition charge. That charge was established to compensate utiltiies for investments that were put in place before deregulation.

Some companies with the potential to become competitive suppliers have testified before the General Assembly subcommittee dealing with electric deregulation that the charge, which is 2.13 cents per kilowatt-hour, will hinder competition from taking root as long as it is kept in place. Such companies as Old Mill Power Co. of Charlottesville and AES New Energy Inc. may buy wholesale power and then sell it to retail customers, meaning they do not require their own generation resources.

Pepco Energy Services has been the first and only company to offer customers an alternative during 2002, when deregulation began in Virginia. Its rates, which are for "green power," exceed those of Virginia Power by 2 cents per kilowatt-hour when the transition charge is added. Dominion Retail, which is part of the same corporate entity as Virginia Power, was a supplier in an early pilot program, and will continue to be a supplier.

Any supplier that wants to be competitive with Virginia Power will need to offer a rate of 3.671 cents per kilowatt-hour or less.
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