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$67 billion NextEra-Dominion merger could raise U.S. electricity prices, lawmakers say

Democratic lawmakers are warning that the proposed $67 billion merger between NextEra Energy and Dominion Energy could reduce competition and raise electricity prices for consumers. In a letter to the Federal Energy Regulatory Commission (FERC) on Wednesday, the legislators expressed concern that the enlarged company would have excessive market power, allowing it to pass costs on to…

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Nevada energy company sues data center in first-of-its-kind fight over who should pay for AI buildout

The largest energy provider in Nevada, NV Energy, is suing data center developer Tract Capital Management, accusing the company of trying to pass costs onto consumers.  At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.  Tract’s two planned campuses near Reno would together…

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