FuelCell Energy soars on hopes of incentives
The surge came after The Washington Times quoted a FuelCell Energy executive as saying his company was working with Congress for "special attention in upcoming bills."
Raymond James analyst Pavel Molchanov said if the fuel-cell industry could get the Waxman-Markey climate change bill amended to provide more support for the sector, it would bode well for FuelCell Energy, which makes fuel-cell power plants for electric power generation.
The Waxman-Markey bill, which has been passed by the House of Representatives but not by the Senate, mandates a 5 percent increase in energy efficiency by 2020.
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Sask. Party pledges 10% rebate on SaskPower electricity bills
REGINA - Saskatchewan Party leader Scott Moe says SaskPower customers can expect a one-year, 10 per cent rebate on electricity if they are elected government.
Moe said the pledge aims to make life more affordable for people. The rate would apply to everyone, including residential customers, farmers, businesses, hospitals, schools and universities.
The plan, which would cost government $261.6 million, expects to save the average residential customer $215 over the course of the year and the average farm customer $845.
“This is a very equitable way to ensure that we are not only providing that opportunity for those dollars to go back…