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If the incremental costs of serving the new loads are below the current average costs, new demand can actually lower average retail rates as the system costs are spread across a wider base, the report concludes.
After a decade of intensive policy work and billions of dollars expended, the state’s grid was more reliant on carbon-based fuels in 2024 than in 2014.
A newly published review of utilities serving 81.1 million U.S. customers found a total of $30.5 billion in 2025 rate hike requests — a record high, and twice as much as was sought in 2024.
A judge has lifted the federal stop-work order on Vineyard Wind 1, allowing work to resume on the long-running, nearly completed Massachusetts offshore wind project.
NextEra Energy Resources brought 7.2 GW of new generation and storage into operation and added 13.5 GW to its backlog in 2025.
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