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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

NorthWestern Energy Seeks Gas Rate Increase

LCG, May 23, 2003--NorthWestern Energy, the buyer of Montana Power's electric power and natural gas distribution system last year, is seeking to make up for an anticipated difference of $13 million between its collections from customers and its purchase costs for natural gas between last December 2002 and next month.

NorthWestern would like to make permanent an increase in the tracking rate, which covers a portion of unforeseen purchase costs by the utility. The company's vice president for regulatory affairs, Pat Corcoran, told reporters that an upcoming rate case to be filed with the Public Service Commission will contain a "big increase."

NorthWestern charges its customers about $2 less for the commodity than the estimated price of gas in June, $5. According to the upcoming case, it is possible that the typical customer would see annual charges that of $298 more than what he or she now pays.
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