On 3/31/16, the PUCO issued its long awaited decisions on the PPA proposals submitted by FirstEnergy and AEP. The proposals sought to guarantee profits from older unregulated coal and nuclear power plants that can no longer compete on price in wholesale electricity markets. The proposals require ratepayers to subsidize these older plants to ensure that the […]
Sam Henry, CEO of GDF Suez, says broker fees in excess of supplier margins are unsustainable and must be addressed.
Sam Henry, CEO of GDF Suez, says broker fees in excess of supplier margins are unsustainable and the situation must be addressed. Mr. Henry’s full blog from GDF Suez’s website can be viewed here http://bit.ly/1ESVYRV . We agree with Mr. Henry. Brokers and REP’s must develop common practices that help each to thrive without hurting the […]
Lake County Port Authority Announces Energy Efficiency Finance Program
I attended a presentation today by the Lake County Ohio Port and Economic Development Authority where they announced their new Energy Efficiency Finance Program. This $18 million fund is available to municipal, school, hospital, commercial and industrial businesses throughout northern Ohio. It will be used to pay down 50% of the interest rate on energy […]