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RWE and Indiana Michigan Power Company Sign Long-term PPA for 200 MW Wind Project

LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.

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NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

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Industry News

Philly Gas Works Allowed 30 Percent Rate Hike

LCG, Jan. 12, 2001--The Pennsylvania Public Utility Commission said yesterday it had approved a request by the Philadelphia Gas Works to raise its gas cost rate by an additional $133 million, or about 30 percent for residential customers, in order to cover the sharply escalating cost of natural gas.

The increase will raise the monthly bill for a typical residential heating customer using 10,000 cubic feet of gas per month from approximately $104.58 to $136.12 and will be effective retroactive to January 1. The rate hike comes on top of a $97 million gas cost increase the PUC approved last November.

The PUC point out that the gas cost represents what Philly Gas Works pays for wholesale natural gas. The company passes through to consumers the cost of buying gas and does not make a profit on it. The gas cost charge is one part of a customer's bill. Customers also pay a base rate charge that includes transmission and distribution charges.

Philly Gas Works wants to bump the delivery charge, too, and has asked the PUC for a $65 million base rate increase. The regulators have nine months to rule on that one.

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