GE unit invests in wind farm
Bankers Commercial Corp., a unit of UnionBanCal, bought the other 50 percent stake in the Alta Wind I farm in Kern County, California. Terms were not disclosed.
The farm, which uses 100 GE 1.5 megawatt turbines, was completed late last year. It is being leased back to its developer and operator, Terra-Gen Power, marking the first time GE has used a lease for a wind farm, GE said.
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Electricity rates are about to change across Ontario
TORONTO - Electricity rates are about to change for users across Ontario.
On November 1, households and small businesses will see their electricity rates go down under the Ontario Energy Board's (OEB) Regulated Price Plan.
Customer's on the OEB's tiered pricing plan will also see their bills lowered on November 1, as winter time-of-use hours and the seasonal change in the killowatt-hour threshold take effect.
Off-peak time-of-use hours will run from 7 p.m. to 7 a.m. during weekdays, and all day on weekends and holidays. On-peak hours will be from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. on weekdays,…
