utilities

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Once-Profitable Services Are Killing Local Budgets

Utilities, transport, even gambling, are now $3.5B drains

(Newser) - Municipally owned businesses like utilities, public transportation, and betting parlors used to bring in much-needed cash flow, but the recession has done its predictable work. State and local governments nationwide will likely hemorrhage $3.5 billion this year running these concerns which brought in upwards of $120 billion during the...

Next Clunkers You Can Cash In On? Appliances

(Newser) - If you missed out on cashing in on that clunker in your driveway, your next chance may be no farther than the kitchen, USA Today reports. Stimulus funds that will give consumers rebates as high as $200 for replacing old, inefficient appliances with newer models are due to start flowing...

Recession Pulls Plug on Electricity Prices

(Newser) - Electricity prices across America have nosedived amid an almost unprecedented fall in demand, the Wall Street Journal reports. Market prices are down up to 40% from the historic highs of last year, and are on course to keep plummeting. The lower prices aren't always seen by consumers immediately because of...

Lobbyists Open War Chests to Battle Obama

(Newser) - In his address to Congress, President Obama made it clear certain industries are in his crosshairs, from agribusiness to defense to health care. But those industries aren’t taking it lying down, the Wall Street Journal reports. They’re spending big on lobbyists, hoping to derail—or at least reshape—...

Utilities' Green Plea: Best Your Neighbor

Rating households by energy savings jolts consumers into curbing power use

(Newser) - Utilities have discovered that tapping into consumers' competitive urges is the most effective way to jolt them into using less energy, the New York Times reports. Sacramento—in a program now copied in at least 10 other major cities—began awarding smiley faces to customers who did well compared to...

As Deadbeats Soar, Utilities Quick to Pull Plug

As the economy worsens, electric companies get tough on delinquent bills

(Newser) - Utilities are growing increasingly aggressive about shutting off the juice even as more customers struggle to pay their bills in a sinking economy, reports the Wall Street Journal. The trend has regulators and consumer advocates worried companies have become too focused on their bottom lines, but utilities say they’re...

For Some US Towns, Internet Access is DIY

As providers focus on big markets, locals take net into own hands

(Newser) - Around the world, firms and governments are ramping up the speed and availability of internet access. But in the US, telecoms are focusing mainly on big-city markets. To avoid professional brain drain, some smaller cities and towns are investing in more powerful infrastructure, the Wall Street Journal reports. But the...

EPA Ignores Advisers on Pollution Cap

Sets higher limit than own experts' recommendations

(Newser) - Ignoring the recommendations of its own scientists, the Environmental Protection Agency yesterday reset standards for pollution-forming ozone from cars and factories at a level critics say may cost thousands of lives. The new cap is lower than the old level but still far above the limit urged by EPA experts,...

Utilities May Profit From Ruling
Utilities May Profit From Ruling

Utilities May Profit From Ruling

Some corporations may profit off tighter greenhouse gas regulations

(Newser) - Some utility  companies may actually benefit financially from the Supreme Court ruling forcing the EPA to crack down on greenhouse gas emissions, the Wall Street Journal reports.  While it will cost them millions in the short-term to meet new requirements, utilities in government-regulated markets—mostly in the Southeast, Great...

Stories 21 - 29 | << Prev