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SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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Industry News

Florida Progress Must Sell Ball Club to Get Merger Approval

LCG, Nov. 28, 2000--CP&L Energy Inc., which said over the weekend that its acquisition of Florida Progress Corp. is scheduled to close on Thursday "pending approval by the Securities and Exchange Commission" may not get that approval as easily as it thought.

The Tampa Tribune reported this morning that Florida Progress has to sell its interest in the unfortunately-named Tampa Bay Devil Rays, thought of by some as a major league baseball team, before the SEC will sign off on the merger.

Florida Progress invested $5 million to bring major league ball to Tampa in the form of the Devil Rays, which gives it a 5.8 percent interest in the team but no say in its management. That is just as well for the utility, because it does not need customers complaining about the club's 69 and 92 record this year, which was good enough for last place in the American League East.

The SEC may grant a conditional approval, allowing consummation of the merger, with a must-sell date for getting rid of the Devil Rays. An earlier filing by CP&L Energy contemplated March 31, 2006, as such a deadline. Based on performance to date, it is unlikely the team will be coming off a pennant-winning year at that time.

CP&L spokesman Keith Poston said "It was never our intention to sell the interest in the Devil Rays, (but) it was clear that they (SEC officials) did not believe that the Devil Rays interest would pass muster."

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