Enel, through its US renewable company Enel Green Power North America, Inc. (“EGPNA”), has begun operation of the 185 MW HillTopper wind farm, its first wind facility in the US state of Illinois. HillTopper, which is located in Logan County, is supported by three long-term power purchase agreements (PPAs) with Bloomberg LP, General Motors as well as Constellation, an Exelon company.
The price of NRG Energy Inc. (NYSE:NRG) shares has reached $40.53, which is 1.9% off the 52-week high of $41.29. NRG Energy Inc. has a market cap of $11.75 billion; its shares were traded around $40.53 with and price-sales ratio of 1.07. The trailing 12-month dividend yield of NRG Energy Inc. stocks is 0.30%. The forward dividend yield of NRG Energy Inc. stocks is 0.30%.
In November, natural gas producer Carbon Creek Energy, accomplished a groundbreaking achievement for the natural gas industry when they offered the first-ever Frack-Free Natural Gas Certificates to energy services company East Coast Power & Gas. Until now, a mechanism for authenticating and independently verifying the environmental quality of a product of this kind did not exist.
The oil giant’s big bet on Permian renewables shows how the economics of the electricity market are changing. As stories about the energy transition go, Big Oil going big on solar power in the heart of America’s biggest oil patch is as transitiony as it gets. Besides the symbolism of Exxon Mobil Corp. signing up for 250 megawatts of solar power (plus the same amount of wind power) in the Permian basin, though, it is also part of a big change gathering momentum in the country’s biggest electricity market: Texas.
EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry, has announced internal promotions as well as several new hires heading into the final stretch of the 2018 fiscal year.
US energy provider ComEd has secured an approval to reduce consumer energy bills from the Illinois Commerce Commission. ComEd will reduce delivery service charges by $24 million as from January 2019. This is the third time since 2012 for ComEd to reduce its energy charges.
For the first time since at least 2000, and possibly ever, Thanksgiving didn’t see its usual morning peak for grid demand this year. The change wasn’t caused by New Englanders suddenly deciding to change their cooking habits, but rather the further influence of solar power in the region.
The costs Connecticut customers pay for the generation of the electricity they use will rise 19 percent or 24 percent on average in the first half of next year for households and businesses enrolled by default with one of the two major utilities operating in the state.
Homeowners interested in security systems. air conditioning repair and water purification don’t have to look too hard these days. Most likely, they can buy them from their retail electricity providers. Electricity sellers have added a wide range of services with higher profit margins to sell alongside low-margin electricity contracts, adopting the strategies pioneered by banks and gas stations to attract and hold onto customers.
Most traditional energy retail utilities lag behind disruptor brands — new energy-market entrants and service providers from other industries — when it comes to delivering an engaging customer experience, according to a new study from Accenture (NYSE:ACN). In the face of disruption, these companies should invest to deliver a more satisfying customer experience and exceed liquid customer expectations.