Companies across the US will likely see their electricity bills rise as utilities spend billions replacing old infrastructure, adding renewable resources and cleaning up aging power plants, Reuters reports.
At the IHS CERAWeek energy conference in Houston, Duke Energy CEO James Rogers cited a recent rate increase sought by one Duke utility to cover the costs of building a new power plant, according to the news agency. Rogers said new, cleaner power plants can reduce CO emissions by percent — but customers don’t see this, which can make the rate increases hard to justify.
In late , Duke acquired a MW commercial solar power project located wit turkey phone number hin the University of Arizona’s Science and Technology Park in Tucson, an area dedicated to solar energy.
Also at the IHS CERAWeek energy conference, PG&E CEO Anthony Earley said PG&E’s renewable energy investments will add between percent and . percent to customers’ utility bills, over and above the inflation rate. Reuters says some of PG&E’s long-term renewables contracts were above per MWh.
These rate increases will happen even as utilities increasingly use natural gas — which is seeing prices near their lowest levels in a decade — to generate electricity.
In late , Kansas City Power & Light received the green light to raise electricity rates slightly to cover its outlay of million over three years for rebates and other energy efficiency incentives. After three years, if it meets at least percent of its conservation goal, the utility would be able to raise rates further to cover revenue lost from the reduced electricity use.
Thames Water will install the new THP plants at four London locations — Beckton and Riverside sewage works in Essex, Crossness in Thamesmead and Longreach in Barking — along with Oxford and Crawley sewage works by .
Four of these plants will benefit from a sewage version of a cider press, which will squeeze out percent more water from the sludge before it goes through the thermal hydrolysis and anaerobic digestion processes.