utility companies
Coverage of utility companies in the Nexus archive.
- Utility companies requested $9.2 billion in rate increases during second quarter, report shows
Utility companies requested $9.2 billion in rate increases during the second quarter of 2026, potentially affecting over 56 million Americans, according to a report by PowerLines. Tremaine Phillips, a former Michigan utility commissioner, discussed the issue with CBS News.
- Pa. House passes $1.7B tax cut on electricity, reins in utility company profits
The Pennsylvania House passed a $1.7 billion tax cut on electricity, capping utility company profits and eliminating a 6% gross receipts tax on electricity. The bill, HB 2224, aims to lower utility bills for consumers by establishing a formula for a 'reasonable return' on utility investments and introducing a competitive equity auction process.
- Utility companies want to pay you to generate power for the electrical grid
Utility companies are proposing a new home energy system that could pay users to generate power for the electrical grid. This comes as Americans face higher utility bills and data centers increase demand on the power grid.