Northern Nevada PUC approves lower utility rates
NV Energy Inc., the parent firm of Sierra Pacific Power Co., says the rates approved will lower the monthly electric bill $7.21, to $98.22 for the average household.
Typical monthly gas bills will drop $5.84 to $70.41.
The new rates take effect October 1.
The Bureau of Consumer Protection, however, had sought an ever-larger decrease in electricity rates by urging the commission to refund to consumers more than $64 million in over charges collected by the utility to over its own power and fuel costs.
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Six key trends that shaped Europe's electricity markets in 2020
LONDON - According to the Market Observatory for Energy DG Energy report, the COVID-19 pandemic and favorable weather conditions are the two key drivers of the trends experienced within the European electricity market in 2020. However, the two drivers were exceptional or seasonal.
The key trends within Europe’s electricity market include:
1. Decrease in power sector’s carbon emissions
As a result of the increase in renewables generation and decrease in fossil-fueled power generation in 2020, the power sector was able to reduce its carbon footprint by 14% in 2020. The decrease in the sector’s carbon footprint in 2020 is similar to trends…
