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Showing posts with label after. Show all posts
Showing posts with label after. Show all posts

Tuesday, 17 November 2015

A year after fixed-fee increase, Green Bay utility seeks another

A year after receiving an 83% increase in the fixed customer charge on monthly electric bills, Wisconsin Public Service Corp. is seeking another increase in that fee — this time by an additional 32%.


The state Public Service Commission will consider the Green Bay power company’s proposal this week and by the end of the year is expected to vote on a proposal from an Eau Claire utility to more than double its fixed charge.


The new bids to increase the monthly charges come after the Green Bay utility, Milwaukee-based We Energies and Madison Gas & Electric Co. all won approval of big increases a year ago.


The proposals — and those this year — met with widespread opposition from consumer advocates and other organizations, including AARP. Those critics say the higher fees discourage customers from conserving energy and hurt low-income electricity customers.


Utilities say higher fixed charges are offset in part by lower rates tied to electricity usage and are designed to help them better allocate costs associated with costs that aren’t linked to the price of energy, such as repairing power lines damaged by storms.


WPS also says rural electric cooperatives have imposed higher fixed charges on their members. Their rates aren’t regulated by the state, however.


If approved, the fixed charge paid by WPS customers will have more than doubled since last year, from $10.40 to $25 a month, Patricia Finder-Stone of AARP said during a public hearing on the Green Bay utility’s proposal.


“It makes consumers pay more before they even turn on their lights,” she said. “This increase has a disproportionate effect on seniors and others that are living on limited or fixed incomes.”


Last year, the PSC ultimately approved an increase of 85% to $19 a month for Madison Gas & Electric Co.; 75% to $16 a month for We Energies of Milwaukee; and 83% to $19 a month for WPS.


Wisconsin has become an outlier on fixed charges based on what utility regulators have approved around the country.


A review of decisions in other states by Renew Wisconsin found that 35 utilities proposed to increase their fixed charges in 2014 and so far in 2015. Of those, 14 utilities were required to keep the charges unchanged, while 18 were allowed increases between 1 cent and $4.30 a month. The biggest increases were the three in Wisconsin, ranging from $6.83 to $8.71.


“Only in Wisconsin have large increases been granted,” said Tyler Huebner, executive director of Renew Wisconsin, a renewable energy advocacy group.


When ruling last year, Wisconsin commissioners agreed with utilities that they should be able to charge higher fixed fees in response to changes taking place in the energy sector as costs fall for renewable energy that customers can generate themselves.


PSC staffers and analysts are recommending that the commission hold off on further increases to the fixed charge for WPS.


“Given the small amount of time since the current rates went into effect, the commission may wish to hold off on additional fixed charge increases until more information is available as to how WPSC’s customers are responding to the price signals” from last year’s decision, said Corey Singletary, energy policy analyst at the agency.


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A year after fixed-fee increase, Green Bay utility seeks another

Friday, 24 July 2015

Solar Industry Shining Bright After Vivint-SunEdison Deal | Wall Street Daily


Solar Industry Shining Bright After Vivint-SunEdison Deal


The solar industry continues to shine both domestically and globally, despite falling prices for traditional fossil fuels.


Utah-based Vivint Solar, Inc. (VSLR) has grown quickly over the last few years and is now one of the largest U.S. residential solar installation companies. It has around 523 megawatts of contracted rooftop solar assets built or under development.


Vivint went public in late 2014, and has financed and installed over 40,000 solar panel systems as of the end of March 2015.


Before the Opening Bell this past Monday, Vivint’s stock surged on the announcement that it was being acquired by clean energy giant SunEdison, Inc. (SUNE) and its subsidiary, TerraForm Power.


Reaching For the Sun: Price of Vivint Solar Stock


SunEdison and TerraForm Power plan to pay $2.2 billion in a combination of cash and shares of SunEdison common stock and convertible notes.


The deal, which highlights how quickly the market is growing for rooftop solar panel systems, is expected to be a trifecta of success – a win for all parties.


Sharing the Light


For clean power giant SunEdison, the deal helps its expansion plans in the solar energy space both for residential and commercial buyers.


TerraForm Power is in the position to acquire actual solar projects from Vivint Solar, both the ones already built and projects in development. It can do so as the company is structured as a yieldco, meaning it’s a publicly traded company that bundles together the assets, in this case, of clean energy projects based around the long-term and predictable revenue generated by the reoccurring energy payments.


And, of course, Vivint and its shareholders are receiving $16.50 per share as part of the deal.


Ahmad Chatila, the CEO of SunEdison and Chairman of TerraForm Power, related that buying Vivint is part of the companies’ plan to become a major power provider.


“SunEdison’s acquisition of Vivint Solar is a logical next step in the transformation of our platform after the successful execution of our First Wind acquisition in January 2015,” said Chatila in a statement.


“[As] of the fourth quarter of 2015, our organic growth and recent acquisitions will put SunEdison on track to deploy more than 1 gigawatt per quarter,” he went on.


SunEdison also raised its 2016 annual guidance for production to between 4,200 and 4,500 megawatts – a 50% increase!


But SunEdison goes far beyond just energy production. The company has become a full-fledged financial services company, offering everything from asset management, to billing and reporting, to tax and audit services.


The Pioneer Outsourcer


SunEdison became a household name in the early 2000s as it was the first company to successfully introduce the “solar-as-a-service” model developed by the well-publicized entrepreneur Jigar Shah.


Shah’s model offered residential customers rooftops solar panel systems with little or no money down. The model generates income by charging customers a monthly energy bill, similar to any other utility.


Prior to the introduction of this model, solar customers were required to pay upfront for their solar panels, which, at that time, cost upwards of tens of thousands of dollars and can still be a hefty investment for today’s homeowners.


The model became such a success that in 2009, the large silicon wafer and solar module producer, MEMC Electronic Materials (an arm of Monsanto [MON]), acquired SunEdison, demonstrating how lucrative this new potential model could become. MEMC later decided to focus growing its business around clean energy. Thus, in recent years, it adopted the name of SunEdison.


Solar Sector Having Its “Day in the Shade”


Now, over a decade later, many solar companies have replicated this model to share the space with Vivint, including SolarCity Corp. (SCTY), the U.S. leader in both solar financing and installation, as well as privately held Clean Power Finance and Sunrun.


SunEdison also recently acquired a wind energy project in India, along with First Wind, one of the largest wind energy developers in the United States.


Plus, the U.S. solar panel industry broke records in the first quarter of 2015 in terms of the total number installed. The industry reached 437 megawatts of solar panels on home rooftops, a 76% increase from Q1 2014, according to the Solar Energy Industry Association.


Over the next five years, another three million new home rooftop solar systems are expected to be installed in the United States. The biggest companies are trying to expand vertically across the sector, structuring additional kinds of businesses in order to lower their costs.


In sum, this new acquisition reflects increased consolidation in a growing market. The bigger companies with deep pockets will continue to fight for rooftop space that can apply solar panels more effectively and economically than ever before.


The acquisition requires approval by Vivint stockholders and will face reporting requirements. But the deal is expected to close in the fourth quarter of 2015.


Good investing,


Shelley Goldberg


Shelley Goldberg is a global resources, commodities and environmental sustainability strategist with over 20 years of sector experience in energy, metals and mining, agriculture, and infrastructure. Learn More >>


Solar Industry Shining Bright After Vivint-SunEdison Deal | Wall Street Daily

Saturday, 13 December 2014

Combine care after harvest


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As the harvest season comes to a close, now is a good time to clean and look over your combine before parking for the winter. A good post-harvest combine maintenance program can provide significant savings and make sure you are prepared for 2015. Many times, proper inspection and maintenance after fall harvest will reduce time and resources required at a later date to fix the combine and headers.


The basics of winterizing a combine involves cleaning it followed by changing the oil and filters, checking the cooling system, cleaning and possibly changing the air filters, filling with fuel and adding a fuel stabilizer, and finally greasing and lubricating before putting in the shed. Plan on at least a good half-day for conducting post-harvest maintenance and repairs.


The initial starting point for combine maintenance should be reviewing the operator’s manual. Regardless of the manufacturer, the operator’s manual will contain the necessary checklist of maintenance points and needs. Second, develop a to-do and replacement list based on harvest notes and performing a quick look over of the combine. The next step should include giving the combine a good cleaning before performing any maintenance. Cleaning should start with blowing all debris and dust plus cleaning out augers, conveyors and the cab. Washing the exterior can also be beneficial but keep water away from bearings and bushings. Once this step is complete, inspect the combine inside and out noting needed repairs and maintenance. The final steps involve repairing, greasing and lubricating.


In the end, you should have your combine ready for the next time you take it to the field. Performing these steps today better protects the combine during the winter and reduces any corrosion. You might also take the time now to develop a 5 to 10 point checklist to look over other farm equipment this winter. Farm machinery requires maintenance both on and off the field to keep it running smoothly year after year. Caring for equipment is one way to ensure efficient fieldwork and less downtime.


Checklist for post-harvest combine maintenance


1. Consult operator’s manual for post-harvest maintenance and check point


2. Conduct a quick look over of the machine and develop a to-do list


3. Blow off dirt and debris both on the outside and inside. Do not forget, harvest debris can attract rodents that can chew on wires and other electrical components.


• Make sure to blow out radiator and other heat exchangers


• Give the inside of the cab a good cleaning looking over door weather stripping, seats and other in-cab parts. Consider placing something to deter rodents in the cab.


4. Only wash the outside trying to keep water off bearings and other moving parts.


5. Take time to touch up scratches and worn areas with paint.


6. Open inspection plates and look over components.


7. Open concaves and sieves and look over for any issues.


8. Check bearings for any corrosion, spun on a shaft, or they are loose. Replace all questionable bearings.


9. Change oil and filters while lubricating all grease fittings.


10. Check all lights and make sure they are functioning properly.


11. Check cooling system protection level for your climate, replacing coolant if needed. Also, to protect against corrosion, check supplemental coolant additive (SCA) level and add if necessary for your model.


12. Check all augers and conveyors for wear and damage. Suggest quickly replacing needed components as soon as possible.


• Check walkers and their bearings for damage, cracks or wear.


• The same goes for the rotors while also evaluating alignment and bearings.


• Check over the straw chopper and ensure it is balanced properly without excessive vibration.


13. Check and tighten all belts while inspecting for any cracks and dry rot symptoms.


14. Check feeder house chains and elevator chains for proper tightness and wear.


15. Look over the feeder house paneling especially the floor for excessive wear.


16. Check fountain and unloading augers for damage and any wear.


17. Finally, grease all fittings and lubricate chains and other maintenance points outlined in the operator’s manual.


18. Fill with fuel and consider adding a fuel stabilizer for winter storage.


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Combine care after harvest

Thursday, 28 August 2014

Eastern Colorado VA resumes surgeries after concerns about air-handling units

DENVER – Surgeries are once again being done at the Denver VA after concerns were raised about its air-handling units.


The Veterans Affairs Eastern Colorado Health Care System resumed surgical procedures Thursday. Officials say testing showed the units were working properly and that the air quality meets health care standards. As a precaution, all of the air handlers that were inspected were given new air filters.


The VA says 115 procedures were canceled since surgeries were stopped on Friday. Of those, 17 were done by other hospitals. The other veterans will have to reschedule their surgeries and the VA says they will receive priority treatment.


The system is based in Denver and serves veterans throughout the Front Range.



Eastern Colorado VA resumes surgeries after concerns about air-handling units

Thursday, 7 August 2014

Carolina Energy Green Solutions ordered to close after complaints

A judge has ordered the temporary closure of a Greensboro-based insulation company after nearly 20 complaints from its customers and intervention by North Carolina’s top prosecutor.


Attorney General Roy Cooper said in a news release to local media outlets that Carolina Energy Green Solutions allegedly promised customers 25 percent savings in energy bills once the company installed its insulation products. Cooper says customers paid thousands of dollars for the installations but never saw promised results.


Cooper’s office filed a complaint last week. Wake County Superior Court Judge Lucy Inman has signed a restraining order temporarily banning the company from doing any home insulation work in the state, and Cooper says he is pursuing a permanent ban.


The company’s phone listing has been disconnected.



Carolina Energy Green Solutions ordered to close after complaints

Friday, 23 May 2014

Dirty tricks, greed and a ruined idyll that proves the wind turbine plague ISN'T over after all ...

By
Robert Hardman



02:40 GMT, 24 May 2014




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02:40 GMT, 24 May 2014