Xcel Energy Minnesota approved to test residential time-of-use rates in 2020; Will FERC uphold state support for clean energy?; Duke agrees to cut North Carolina grid modernization plan by $5.3B; PSEG proposes more than $5B in efficiency, grid upgrades
Utilities around the country are exploring rate structures that send more effective price signals to the customer. Californians will have TOU rates by default, beginning next year.
Some are celebrating FERC's apparent defense of state environmental policies, but that reaction is premature, write Danny Cullenward and Shelley Welton.
The utility will deploy at least 300 MW of energy storage projects on its system in North Carolina by May 2026, as part of a deal reached with environmental groups.
The proposal includes almost $3 billion for energy efficiency, electric vehicle infrastructure and energy storage. It expands an investment plan that now stands at $14 billion to $17 billion over the next five years.
The California Public Utilities Commission is reviewing an evaluation of the demand response auction mechanism pilot, but says the issues are "too complex to be addressed in the informal resolution process."
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