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Electric Utilities Must Steer Clear Of Never-Never Land

June 1, 2015 by Dennis Wamsted
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Electric Utilities

Reporters spend a great deal of time reading—so much so that at times the corporate PR begins to blend together, blah, blah, blah, I’ve heard it all before. But a press release I read this week from Akron, Ohio-based FirstEnergy Corp. snapped me back to reality.[read more]

Can the Electric Utility Industry Support Both Solar Energy and Fossil Fuels?

February 20, 2015 by Katherine Tweed
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When David Owens, EVP of business operations group and regulatory affairs for the Edison Electric, briefed Wall Street on Wednesday, he was clear in his remarks about rooftop solar. “I’d like to correct the pervasive misperception that our industry is working to stop rooftop solar,” he stated. “Quite the opposite.”[read more]

Should Utility Companies Be More Like Broadband Providers?

June 14, 2014 by Martin LaMonica
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Electricity is the ultimate commodity. Since gadgets and appliances work no matter where they plug in, it's nearly impossible for consumers to distinguish between different products. But executives say that utilities need to start marketing more personalized products in order to stay relevant.[read more]

I Almost Bought Hawaii's Electric Utility for $6B and Made It a Renewables Paradise

June 4, 2014 by Eric Wesoff
33

Renewables Paradise?

I have a confession to make. In 2011 I became involved, in a small way, in a multi-billion-dollar scheme to buy out HECO, Hawaii's electric utility, and take it private. The plan was to shift HECO from its reliance on fossil fuels and allow the island to be powered by its natural gifts of geothermal, solar and wind.[read more]