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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Dayton Power Pays its Taxes, and Says So

LCG, Feb. 15, 2001Dayton Power & Light Co., like electric utilities everywhere, is a major source of funds for local government. The property taxes paid by utilities are responsible for everything from schools to roads to public buildings to the stripes on the sheriff's trousers.

At the same time, local politicians abuse their electric companies, blaming them for outages caused by storms and every disease that can be remotely connected with power plant emissions.

DP&L decided it was time that the people of Montgomery County, Ohio, knew how important their local utility was to local government finances. Yesterday, the company paid its property taxes for the first half of the taxable year, and got out a press release saying so.

Not only that, Tom Studevant, the company's director of community relations, personally presented Montgomery County Treasurer Hugh Quill with DP&L's check for $16.1 million. As he did so, he pointed out that the company is the largest payer of total real and personal property taxes in the county.

The DPL Inc. subsidiary said it annually pays about $73 million in property taxes to 46 Ohio counties in which it serves customers and has property. These payments are a significant portion of the funding for the operations and capital requirements of school districts as well as that of municipal, township and county governments, and DP&L wants them to know it.

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