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Energy & Utilities News

Genie Energy acquires Florida natural gas supplier for $3M

Genie Energy acquires Florida natural gas supplier for $3M

Genie Energy Ltd. announced Monday that its Genie Retail Energy division has acquired Mirabito Natural Gas from Angus Energy for $3 million, plus...

Morristown renewable energy company acquires 2 hydro facilities in Maine

Morristown-based Eagle Creek Renewable Energy announced it has acquired approximately 30 MW of hydroelectric facilities from Madison Paper Industries.

Industry Insights: Energy investing in New Jersey is a worthy consideration

Changes are afoot in the New Jersey energy sector, possibly meaning new investment opportunities.

PSEG proposes $2.7B upgrade to gas distribution system; 5-year project to create 3,000 new jobs

New Jersey’s largest power and gas supplier, Public Service Electric and Gas Co., is looking to spend $2.7 billion over the next five years, or...

Update: N.J. business named finalist for U.S. Chamber of Commerce honor

Update: N.J. business named finalist for U.S. Chamber of Commerce honor

TerraCycle Inc., the Trenton-based recycler of nontraditional waste products, has been named a finalist in the U.S. Chamber of Commerce’s...

Newark's Lime Energy names new COO

Lime Energy, a Newark-based provider of energy efficiency products and services, has named a new chief operating officer, it announced recently.

NRG launches transformation of company, intending to strengthen earnings

Princeton-based power company NRG Energy has launched a “transformation plan” designed to bolster its financial picture, it announced...

JCP&L announces changes to its leadership team

Jersey Central Power & Light, a FirstEnergy Corp. subsidiary, announced Monday some changes to its leadership team.

Clarification: Outgoing PSE&G president forsees a change in how customers are charged for delivery of service

Clarification: Outgoing PSE&G president forsees a change in how customers are charged for delivery of service

By Vince Calio

New Jersey residents should only have to pay for the equipment they are borrowing every month — not power usage.

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