Square D/Schneider Electric ratifies new 3-year labor deal
The contract was ratified in local union votes taken over the past few days.
Negotiations for the contract involved three international unions: the International Association of Machinists and Aerospace Workers (IAM&AW), the International Brotherhood of Electrical Workers (IBEW) and the International Brotherhood of Teamsters (IBT).
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Texas Utilities back out of deal to create smart home electricity networks
HOUSTON - Utilities made a promise several years ago when they built Smart Meter Texas that they’d come up with a way for consumers to monitor their electricity use in real time. But now they’re backing out of the deal with the approval of state regulators, leaving in the lurch retail power companies that are building their business model on the promise of real time pricing and denying consumers another option for managing their electricity costs.
Texas utilities collected higher rates to finance the building of a statewide smart meter network that would allow customers to track their electricity use and…