Electricity Supply

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X @Bloomberg
Bloomberg· 2025-07-23 10:32
Mauritius is exploring temporary measures to increase electricity supply and warns that it may have to impose scheduled power cuts in coming months if these measures fall short https://t.co/SJKvrAEQrV ...
X @Bloomberg
Bloomberg· 2025-07-22 20:20
Business and households supplied by the largest US grid will pay $16.1 billion to ensure there is enough electricity supply to meet soaring power demand https://t.co/5lvQmlyAt5 ...
JCP&L Helping Lessen Impacts of Electricity Supply Price Increase During Hot Summer Months
Prnewswire· 2025-06-18 14:47
Core Insights - Electricity supply costs have surged this summer, accounting for nearly 60% of a family's bill in the service territory, prompting JCP&L to implement a $30 deferral credit for residential bills in July and August, which will be recovered through a $10 monthly charge from September to February [1][4] Group 1: Rising Supply Costs - The increase in supply costs is attributed to a combination of rising demand and reduced supply due to power plant retirements, leading to a spike in Basic Generation Service (BGS) rates, which increased the average residential bill by 19.6% [4] - The average residential customer of JCP&L uses 777 kilowatt-hours (kWh) per month, and JCP&L passes supply costs directly to customers without markup [4] Group 2: Customer Assistance Programs - JCP&L has introduced several initiatives to assist customers, including a limited suspension of service shut-offs, waived reconnection fees, enhanced deferred payment agreements allowing up to 24 months for past-due balances, and bill assistance programs for income-eligible customers [8] - Additional energy efficiency tools and resources are available, such as the Home Energy Analyzer, HVAC rebates, and tips for saving energy without sacrificing comfort [8] Group 3: Company Overview - FirstEnergy operates one of the nation's largest investor-owned electric systems, serving over six million customers across multiple states, including New Jersey [6]