NYSEG and RG&E will be suspending late payment charges from Dec. 1 until Apr. 15 for all customers. “Our electricity and natural gas delivery rates are expected to remain steady through the winter, but supply prices are expected to climb. To alleviate the financial hardship this will cause during the winter heating season, we have elected to waive late payment charges on customer bills for this period,” Patricia Nilsen, president and CEO of NYSEG and RG&E said. NYSEG and RG&E

EV seed-stage company Tenet, which offers consumer loans for EVs, today announced it has secured $25 million in a first-of-its-kind warehouse facility from NY Green Bank for EV loan financing that originates in New York State. If you’re not familiar with the term warehouse financing, it’s “a form of inventory financing that involves a loan made by a financial institution to a company, manufacturer, or processor.” NY Green Bank, a division of New York State Energy Research and

Duncan Brown (center right), Syracuse University VP of research, and Joe Curtatone, president of the Somerville, Massachusetts–based Northeast Clean Energy Council (NECEC), shake hands upon signing their collaboration agreement. Also pictured at left, is Alistair Pim of NECEC, and at far right, is Jay Golden, director of Syracuse University’s Dynamic Sustainability Lab. (Photo credit: Syracuse University News) SYRACUSE, N.Y. — Syracuse University and the Northeast Clean Energ

Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory Due to continued competition from natural gas and renewable resources, 23% of the 200,568 megawatts (MW) of coal-fired capacity currently operating in the United States has reported plans to retire by the end of 2029, according to our Preliminary Monthly Electric Generator Inventory. Between 2012 and 2021, an average of 9,450 MW of U.S. coal-fired capacity was retired each year. In 2022,