The likely doubling is because households will pick up the tab for government green programs – meaning average electricity users face finding an extra $320 to $440. It comes on top of a warning from pricing regulator IPART, which had told consumers to expect July 1 jumps of only 10-13 per cent – to pay […]
The Texas Public Utility Commission voted Thursday to approve a 50 percent increase in the wholesale electricity price cap in a move it hopes will spur construction of more power plants. The increase becomes effective on Aug. 1 and it could be just the start. Commissioners are considering, but aren’t yet expected to vote on, […]
WASHINGTON (AP) — As summer beckons, it seems Americans are thinking more about the stifling cost of energy than about making tracks to the beach. Cutting energy bills and use is a bigger deal to them than taking a vacation or scoring the latest smartphone or tablet, according to a survey by the AP-NORC Center […]
Seattle City Light customers would pay 31 percent more over six years, under a proposal to be announced Monday by Mayor Mike McGinn. Mayor Mike McGinn will propose a 31 percent rate increase over six years for Seattle City Light customers, at a news conference scheduled for Monday morning. The rate hikes, which average 4.7 […]
No matter how much insulation you have in your attic, the heat from the attic will transfer radiant heat into the living spaces of your home in the summer and allow heat to escape in the winter months. Insulation can actually add to temperature increases or decrease in a home because the insulation can be […]
After more than a year of review and extensive public feedback, Austin Energy (AE) today outlined its proposal for a 12.5% rate increase – its first increase in base electric rates in 17 years. The redesign of rates is needed to provide sufficient revenues, to achieve greater rate equity between customer classes and to better […]
What is the Emergency Stabilization Act of 2009? On October 3, 2008, George W. Bush signed the Emergency Stabilization Act of 2009, which extended the credits available for solar-powered energy systems and expanded the qualifying product requirements. This allows for a 30-percent tax credit on the purchase and installation of residential solar water heating, photo […]
It’s increasingly expensive for utility companies to generate power. The cost of fuel is raising the utilities’ operational costs, and demand on the grid is growing rapidly, despite new advances in energy-efficient appliances. Additionally, infrastructure investment costs (what it takes to maintain the grid), are forecasted to be around $14 billion dollars a year in […]
Energy independence could very likely be the best investment available today! Most real estate experts currently believe that, an investment in Energy Independence will significantly raise a home’s value. One source, the Appraisal Journal, states that the value of your home is increased by $20 for every $1 reduction in annual operating costs resulting from […]
Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity. More electricity use at homes and higher prices are driving up power bills. Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive yearly […]
CNN Money recently reported: “The price of heating the average home with oil is expected to jump 10% this year to an average of $2,535 over the winter heating season (October 1 through March 31), according to the U.S. Energy Information Administration (EIA). That’s 45% higher than just two years ago, when the average bill […]
GULF COAST – Today the Public Service Commissioner approved a 40 million dollar interim increase for Gulf Power. As Channel 3′s Anthony Pura reports, it’s part of a bigger 95 million dollar rate hike request made by Gulf Power. Starting in September, the average Gulf Power household bill will see an increase of about 4 […]
