Officials from Austin, San Antonio Voice Opposition to Bill Aimed at Revenue Transfers
Officials from the public power communities of San Antonio and Austin, Texas, recently voiced opposition to proposed legislation that would prevent municipalities from transferring revenue to their general fund from a public power utility if the transfer would result in a deficit for the utility or a rate increase for customers.
Jacksonville, Florida, City Council Resolution Critical of Legislation Aimed at Public Power
The City Council of Jacksonville, Fla., recently passed a resolution critical of legislation that would limit the ability of public power electric utilities to transfer revenues to cities’ general funds.
Long Island Power Authority Board Approves Time-of-Day Rates Plan
The Long Island Power Authority Board of Trustees on March 29 voted to modernize electric rates for residential customers throughout Long Island and the Rockaways beginning in 2024 with a standard time-of-day rate and an optional super off-peak rate.
Florida Municipal Electric Association Details How Legislation Will Undercut Public Power
Legislation working its way through the Florida Legislature would substantially limit the ability of public power electric utilities to transfer revenues to cities’ general funds, which will inordinately affect rural, often economically distressed, communities that have a weaker tax base, the Florida Municipal Electric Association said on March 21.
RMLD Customer Bill Increase to be 40 Percent Less than Forecasted
The increase to Reading Municipal Light Department’s 2023 customer bills is estimated to be 40 percent lower than originally forecasted, the Massachusetts public power utility recently said.
Florida Lawmakers Introduce Bills That Would Place Public Power Utilities Under PSC Regulation
Legislation has been introduced in the Florida Legislature that would give state utility regulators the ability to regulate public power utilities with customers outside city boundaries.
Lincoln Electric System’s Rates Continue to Rank Among Lowest in the U.S.
A nationwide study shows that Lincoln Electric System’s rates continue to rank among the lowest in the country based on 2021 data, the Nebraska public power utility said on Feb. 23.
Report Says Cost Based Rates Are Needed To Make Heat Pumps Competitive
Switching to cost based or cost reflective utility rates would make heat pumps competitive with natural gas heating and speed electrification, according to a new report.
Bonneville Power Administration to Use $350 Million in Funds for Power Rate Reductions
Bonneville Power Administration Administrator John Hairston recently adopted BPA staff’s proposal to allocate the fiscal year 2022 power reserves distribution clause amount of $500 million toward rate reduction and other high-value purposes, BPA said on Jan. 10.
Long Island Power Authority Unveils Time-of-Day Rate Proposal
The Long Island Power Authority recently announced a proposal to modernize its electric rates for residential customers in 2024 with a standard time-of-day rate and an optional super off-peak rate. Customers will still have the option to stay on a flat rate.