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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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Industry News

Colorado PUC Receives 21% Aquila Rate Increase Application

LCG, Oct. 21, 2002--Aquila, citing negative returns over the last few years, has filed a rate application with the Colorado Public Utilities Commission (PUC) which would raise base rates 21.8% if approved.

Most of the power provided by Aquila to towns in southern Colorado is purchased from Xcel, formerly Public Service Company of Colorado. It also produces power at its own Victoria Avenue plant and at another coal-fired facility in Canon City. The PUC, which is not required to hold hearings, is expected to schedule them due to the size of the requested increase.

"The company's base electric rates have remained constant during the past 18 years, while inflation has increased general costs by a cumulative 73 percent," said Gary Stone, vice president of Aquila's Colorado operations. The last rate filing by the company was in 1984, when the corporate entity was known as Centel. Centel was purchased by UtiliCorp United in 1991, before the company assumed its current name.

A rate application such as Aquila is submitting is not centered on infrastructure investment, as was typical during the era of vertically integrated utilities, but is based on wholesale market conditions. Aquila has retreated from its speculative energy trading and overseas operations, but still carries sizable debt. Residential customers served by the company, which recently had its debt downgraded to junk status, currently pay 7 cents per kilowatt-hour on average. The impact associated with a 21.8% rate increase would equal about an additional $112.52 per year for a typical Colorado customer.

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