Louisiana customers paying less this summer
Natural gas prices have fallen from more than $13 per million British thermal units to $3.56 per million Btu over a year's time.
Electricity customers in Louisiana pay for the utilities' cost of producing electricity in the base rates on their bills, then pay a separate charge for the cost of fuel used to produce electricity.
From June 2008 to June 2009, fuel charges have fallen by 77 percent at Entergy New Orleans Inc. At Entergy Louisiana LLC, the charges have fallen by 53.2 percent.
Entergy Louisiana President Renae Conley said the decrease comes at a time when electricity use is at its highest.
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Canadian nuclear projects bring economic benefits
TORONTO - The 13-year Major Component Replacement (MCR) project being undertaken as part of Bruce Power's life-extension programme will inject billions of dollars into Ontario's economy, a new report has found. Meanwhile, the major project to refurbish Darlington unit 2 remains on track for completion in 2020, Ontario Power Generation (OPG) has announced.
The Ontario Chamber of Commerce (OCC) said its report, Major Component Replacement Project Economic Impact Analysis, outlines an impartial assessment of the MCR programme. The report was commissioned by Bruce Power.
"Our analysis shows that Bruce Power's MCR project is a fundamental contributor to the Ontario economy. More broadly, the…