Progress Energy CEO Johnson Urges Flexibility and Customer Protection in Implementing EPA Rules

The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance... 

Business and Environmental Groups Unite in Support of Climate Legislation

Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential... 

The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge... 

Southern California Edison Announces Major Advance in Efforts to Offset the Environmental Impact of Coastal Power Generation

Southern California Edison (SCE) announced completion of the largest environmental project of its kind in the United States – a 175-acre artificial giant kelp reef off the coast here. With the placement of 120,000 tons of rock on the ocean floor, the project is expected to produce the nation’s first sustainable artificial kelp forest attracting... 

Progress Energy Carolinas Again Seeking Renewable Energy Projects

Progress Energy Carolinas is again seeking proposals for potential renewable energy projects and alternative energy providers, as part of the company’s balanced strategy for meeting the growing energy needs of 1.4 million households and businesses in the Carolinas. The company issued an open-ended request for renewable proposals in November 2007,... 

APS System Improvements Help Provide Arizona Customers with Outstanding Summer Service and Reliability

During a summer in which monsoon storms and high temperatures dominated local news, APS continued to provide reliable service to the Company’s more than 1.1 million customers throughout Arizona. “It’s our job to be prepared for any potential contingency, and to ensure the lights come on and air conditioning is available when our customers flip... 

Ameresco AXIS Offers Streamlined Utility Billing Management for Energy Managers

Ameresco, Inc. today unveiled its new comprehensive billing management system, AXIS, which is designed to streamline the utility payment and energy analysis processes for large companies with improved reporting accuracy and relevance. The energy solutions provider introduced the new system to energy managers at the Edison Electric Institute’s... 

Ameresco AXIS Offers Streamlined Utility Billing Management for Energy Managers

Ameresco, Inc. unveiled its new comprehensive billing management system, AXIS, which is designed to streamline the utility payment and energy analysis processes for large companies with improved reporting accuracy and relevance. The energy solutions provider introduced the new system to energy managers at the Edison Electric Institute’s Fall National... 

Progress Energy Sending Crews, Contractors to Assist in Ike Restoration

Progress Energy is sending more than 800 company and contract workers from the Carolinas and Florida to Texas to assist utilities there with expected damage and power outages from Hurricane Ike. The company’s deployment of 385 employees and 437 contract personnel is larger than deployments made in support of utilities in Louisiana and Texas after... 

Progress Energy Receives National Economic Development Award

Site Selection magazine has named Progress Energy one of North America’s Top Utilities for Economic Development for the sixth time in the last seven years. The magazine’s September 2008 issue selected Progress Energy as one of 10 winning utilities based on its success in helping to generate 7,405 new jobs and more than $766 million in capital...