Companies increasingly want to pay a fixed subscription fee for a range of products, from efficiency upgrades to their entire energy packages. "Private utility" models have emerged due to the growing power-sector trend of Energy as a Service (EaaS).
Not only was 2018 the biggest year on record for corporate renewable energy deals, with more than 6.5 gigawatts of contracts on the books, the furious pace of deal-making — and the creativity of the arrangements — barely slowed during the waning three months of the year.
Pacific Gas and Electric promises that its customers’ lights will stay on if it follows through on plans to file for bankruptcy this month. But companies that supply the California utility’s electricity may have more to worry about.
A new model of Colorado's energy mix shows consumers could save $250 million annually over a 10-year span if the state were to replace its coal plants with a mix of wind and solar, backed up by energy storage and natural gas.
General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker contends with the political fallout triggered by its plans to shutter several United States factories and remove thousands of workers.
Portland General Electric has proposed a residential demand response program as part of its Smart Grid Test Bed project and wants authorization to default customers into a peak-time-rebate program offering $1/kWh for reductions.