Tag

Infrastructure Improvement

All articles tagged with #infrastructure improvement

infrastructure1 year ago

"Philadelphia Secures $158M Federal Grant for Chinatown Stitch Project Construction"

Philadelphia is set to receive a $158 million federal grant for the Chinatown Stitch Project, aimed at reconnecting the divided community by covering two-and-a-half blocks of the Vine Street Expressway. The project, expected to begin construction in January 2028 and be completed by 2030 or 2031, will address ongoing issues such as traffic congestion, pedestrian safety, and air and noise pollution, while also creating local jobs and providing green space upon completion.

business2 years ago

Illinois Regulators Deny Rate Hike Requests from Utility Companies

The Illinois Commerce Commission has rejected ComEd's four-year grid improvement plan and slashed its proposed $1.47 billion rate increase, while also turning down an emergency motion by Peoples Gas to restore $134 million of disallowed pipeline infrastructure funding for 2024. The decisions will hold down rate increases for Chicago-area gas and electric customers entering 2024, while putting more pressure on the utilities to justify infrastructure improvements going forward. The rulings reflect a shift towards a more consumer-friendly approach and a focus on accountability, as the state aims to accelerate its transition to clean energy.

business2 years ago

"MLGW and Birmingham Water Works Approve Double-Digit Rate Hikes for Customers"

Memphis Light, Gas & Water's board has approved a 12% electricity rate increase for three years starting in 2024, aimed at funding infrastructure improvements to enhance the region's electrical system reliability and reduce power outages. The increase, which amounts to about $5 per month for an average 1,000-kilowatt-hour customer, will not be used to fund MLGW's move to a new headquarters in East Memphis. The board also approved the purchase of 65 acres in Cordova for $31.4 million to establish the new headquarters, replacing the current one on Main Street.