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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Fitchburg G&E Asks Massachusetts for Rate Hike

LCG, May 29, 2001--Fitchburg Gas & Electric Light Co. subsidiary has asked Massachusetts regulators for authority to increase electric rates to compensate for higher purchased power costs, the utility's parent holding company said Friday.

FG&E asked the Massachusetts Department of Energy and Telecommunications for permission to increase its standard offer service rates. Standard offer service is provided to customers who have not switched to a competitive service provider under the state's deregulation scheme.

When Massachusetts deregulated its electric industry, it created standard offer service for customers of record on March 1, 1998 who either could not switch or chose not to. Another form of service, electric default service, was created for customers who moved into a utility's service territory after March 1, 1998, or who had switched and them switched back to FG&E. Default service customers get power at market rates, without a markup being applied by the utility.

Because standard offer service rates have been below market rates, about 80 percent of FG&E customers get that service. The requested rate hike would result in an increase of between 9 and 13 percent, but the new rates would still be less than the market rate, according to utility spokeswoman Stephanye Schuyler.

If the increase is granted, a typical residential customer using 500 kilowatt-hours of electricity per month will see an increase of $6.15, or 9.3 percent. The rate hike would go into effect on July 1.

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