The pace of change in the North American natural gas business has accelerated in recent months, with the US Department of Energy approval process for exports to non-free trade agreement countries failing to stop the achievement of major project milestones and new technology innovations driving market expansion. Four projects have been approved by DOE for… Keep reading →
Dallas Smith is saving $250 a month on his business’s electric bill thanks to increasing competition spurred by Pennsylvania’s ongoing market deregulation.
The president of Smith Village Home Furnishings, a family business in Jacobus, southern Pennsylvania, has signed up with NextEra Energy Services, one of dozens of new energy suppliers in the state, to get power at 8 cents a kilowatt hour for 24 months, saving him 8% compared with power from his old supplier, the utility Met-Ed. Keep reading →
Most Pennsylvania residents are aware that they can shop for electricity suppliers other than their utilities but only about a quarter have switched away from default suppliers more than two years after the state began restructuring its retail power market, the Pennsylvania Public Utility Commission heard on Thursday.
The panel held a special en banc hearing in its ongoing retail markets investigation which aims to boost competition and consumer choice in reforms that are being closely watched across the US as a model of deregulation. Keep reading →
