Please ensure Javascript is enabled for purposes of website accessibility

Energy

NJBPU approves electricity auction results

According to the BPU, winning prices for each of the EDCs increased between 2.4 percent and 7.6 percent compared to 2018’s auction. Since these winning contracts will replace slightly more expensive ones from three years ago, however, the average basic generation service bill will remain relatively unchanged.

Read More »

Pioneer Power of Fort Lee sells subsidiary

On-site power generation equipment manufacturer Pioneer Power Solutions Inc. has completed the sale of its wholly owned subsidiary Pioneer Critical Power Inc. to microgrid company CleanSpark Inc. Announced Monday, PCPI’s sale was effective Jan. 22, and valued at approximately $4.4 million. Under the terms of the all equity transaction Pioneer said it received 1.75 million ...

Read More »
[class^="wpforms-"]
[class^="wpforms-"]