Tag

Power Company

All articles tagged with #power company

"Texas Power Company Admits Role in Deadliest Wildfire in State's History"
wildfire1 year ago

"Texas Power Company Admits Role in Deadliest Wildfire in State's History"

Xcel Energy, a power company, has admitted that its facilities may have sparked the Smokehouse Creek fire in Texas, which has killed at least two people, burned over a million acres of land, and killed thousands of animals. The company is cooperating with investigations and conducting its own review, while disputing claims of negligence. The fire, one of the largest-ever in Texas and the U.S., has caused significant devastation, with affected individuals being encouraged to submit claims for their losses.

"Georgia Power Company Issues $15 Million Refund to Customers in Multiple Counties"
business2 years ago

"Georgia Power Company Issues $15 Million Refund to Customers in Multiple Counties"

Jackson Electric Membership Corporation, a power company in Georgia, will be returning $15 million to over 200,000 current and former members in the form of margin refund checks. This brings the total amount returned to customers to $204 million since the company's founding in 1938. Margin refunds are a result of leftover revenues after expenses are paid and are distributed to long-term and newer members. The refund checks will vary based on the member's service during specific years. Jackson EMC operates at cost, prioritizing member service over profits.

Uncovering the Devastation: Investigating the Cause and Consequences of Hawaii's Deadly Wildfires
natural-disasters2 years ago

Uncovering the Devastation: Investigating the Cause and Consequences of Hawaii's Deadly Wildfires

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is sending a team, including an electrical engineer, to investigate the cause of the deadly Hawaii wildfires, as the local power company, Hawaiian Electric, faces scrutiny over whether downed power lines contributed to the blaze. The wildfires have claimed at least 111 lives, making it the deadliest wildfire in the US in over a century and the worst disaster in Hawaii's history. Hawaiian Electric is already facing lawsuits alleging its lines played a role in the fires, and the company has stated that it does not have a program to shut off power to prevent wildfires. The local emergency response to the wildfires is also under investigation, as officials are criticized for not doing enough to alert people.

"Top US Power Company Invests Big in Hydrogen Technology"
energy2 years ago

"Top US Power Company Invests Big in Hydrogen Technology"

NextEra Energy, the most valuable power company in the US, is betting on hydrogen as its next growth area after investing early in wind and solar farms. The Florida-based company's market capitalization has soared to over $150bn from roughly $11bn over the past two decades. However, the economics of hydrogen as an energy source are unproven, making the new strategy a huge bet for the company.