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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

FERC Caps New York Electric Rates

LCG, June 29, 2001The Federal Energy Regulatory Commission, hoping to avoid California-style price increases, yesterday approved a plan to rein in wholesale power prices in New York State through this summer.

The FERC plan specifies that once wholesale prices rise to a certain level, a cap would be imposed. Utilities or power producers charging more than the cap would have to justify their prices upon review.

The controls, approved unanimously by the five-member commission, would remain in effect through the end of October. "We're going to be diligent in making sure that rates are low," said FERC Chairman Curt Hebert.

The federal agency, a division of the Department of Energy, rejected a request by New York State officials that would allow collection of retroactive damages against power producers who were believed to have inflated prices.

Nevertheless, New York State Attorney General Eliot Spitzer was pleased with FERC's action. "This is a critical step for us as we head into summer," he said.

A group representing the state's non-utility generators said it was disappointed with the plan. "There is no evidence of market power abuses in New York state," said Gavin Donohue, executive director of the Independent Power Producers of New York State. "It sends a bad signal that to do business in New York, you have to play by different rules than other places."

Under FERC's plan, a review would kick in if power prices anywhere in the state rose to $150 per megawatt-hour, or if one or more power producers charged $100 more than the average for a particular region. Currently, wholesale power prices in New York are around $60 per megawatt-hour.

New York Gov. George Pataki hailed the proposal, calling it "an important step toward protecting energy consumers."

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