Group decries utility regulatorsÂ’ cap on rates
So says a group of commercial and industrial electric customers that challenged state utility regulators, who approved a cap on rates for 17,000 Maryland businesses May 29.
The Maryland Public Service Commission is requiring many of the state's small commercial customers to transition to a new utility rate by June. That transition, combined with rising energy costs, could levy a 40 percent increase in electric rates on businesses in service areas for Baltimore Gas & Electric, Delmarva Power & Light Co., and Allegheny Power.
The PSC is capping the increase at 15 percent for the companies from June to August. To help fund the rate cap, the PSC will require all commercial and industrial electric customers to pay an increase in distribution rates, a roughly 1 percent to 3 percent increase in their overall electric bills, during that time.
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TUNIS - UPC Renewables (UPC) and the Climate Fund Managers (CFM) have partnered to develop a 30 megawatt wind farm in Sidi Mansour, Tunisia that will help the country meet its 30% renewable energy target by 2030.
Tunisia announced the launch of its solar energy plan in 2016, aiming to increase the role of renewables in its electricity generation mix ten-fold to 30%,
This Sidi Mansour Project will help Tunisia meet its goals, reducing its reliance on imported fossil fuels and demonstrating to the world that it is serious about further development of renewable energy investment.
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