After Gillet’s departure, Connecticut regulators changed rate case decisions to increase utility profits, customers’ bills
November 26, 2025
Revenue requirements and ROE increased with just two commissioners
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New Mexico Gas Company latest utility facing private equity takeover
November 13, 2025
A private equity firm whose limited experience owning utilities is checkered with compliance problems and cost overruns is attempting to buy the New Mexico Gas Company (NMGC), raising concerns from regulators, environmental advocates and customers in that state about the company, Bernhard Capital Partners (BCP). The proposed bid by BCP to purchase the gas utility...
PUCO stops FirstEnergy from making Ohio customers pay $108 million for a corporate accounting foul-up flagged by regulatory audits
November 7, 2025
November 20, 2024 update: FirstEnergy’s Ohio utilities will not be allowed to recover $108 million in misclassified corporate overhead costs flagged repeatedly in regulatory audits through the new rates approved by the Public Utilities Commission of Ohio in an order yesterday. A spokesperson for the PUCO confirmed that the order affirmed an auditor’s recommendation to...
Duke Energy money fuels North Carolina Republicans as they pursue latest gerrymander
November 5, 2025
Duke Energy has quietly become one of the most powerful funders behind North Carolina’s Republican Party and politicians, at a time when state GOP leaders have pursued their latest congressional gerrymander.