Electricity

Power Outages After Sandy Weren't Unusually Long After All

As the days without power stretched on for hundreds of thousands after Superstorm Sandy, patience turned to anger. But an AP analysis of outages from other big storms shows that the time it took to utility companies to restore electricity was no worse than average -- and in some places, actually faster.

Mother Nature Saved You at Least $47 This Winter

With less than one week until winter is officially over, Americans are celebrating the end of the season with an extra "spring" in their steps. What's got them feeling so happy? Two words: fatter wallets, thanks to warmer temperatures and lower heating costs.

How to Avoid Credit Card Fees on Utility Bills

It's summer, a season of warm days and scary air-conditioning bills. Want to pay your bills with plastic so you can get reward points? Well, the credit-card fees utilities charge could change your mind. SmartCharge offers some customers a way to avoid those fees.

Cheap Summer Power Predicted for the U.S.

Expectations for power price increases have been put off to 2015 and beyond by bank analysts. But a combination of steady demand recovery, infrastructure changes and the retirement of coal-fired plants in 2015 could contribute to a tightening U.S. power market by the middle of the decade.

Three Dividend Stocks That Are Energy Plays Too

Given the uncertain prospects of the U.S. economic recovery, its not surprising that many investors are reluctant to pour more money into stocks this spring. One lower-risk way to invest is to buy stocks that also pay decent dividends. Here are three options in the energy sector:

New York's Tallest Building Is Now One of Its Greenest

The Empire State Building is perhaps best remembered as the site of King Kong's last stand, but in real life, the monkey on the building's back wasn't a giant gorilla -- it was a giant electricity bill. But that was before one of the most remarkable green renovations ever undertaken.

California's SolarCity Sees a Bright Market on the East Coast

California-based solar panel installer SolarCity has announced its second East Coast deal in a month: It's buying the residential solar business of Vermont-based groSolar, hard on the heels of its purchase of Maryland's Clean Currents. And SolarCity isn't the only West Coast solar player looking toward the sunrise for growth.

Can the U.S. Tap the Hot Geothermal Market?

American companies have a golden opportunity to expand the country's leadership in the global market. Industry leaders meeting this week in New York laid out the huge opportunity but also warned that red tape and a relative scarcity of personnel with the right know-how threaten to stifle efforts to expand this clean-energy source.

U.S. Manufacturing Output Rises 0.5%, the Most Since July

The nation%u2019s manufacturing recovery accelerated in October as factory output jumped 0.5%, the Federal Reserve said. Overall industrial output was flat in the month, but the typical autumn plunge in utilities output skewed the top-line stat lower.

IBM Developing Transistor to Reduce 'Vampire Energy'

International Business Machines (IBM) is searching for a method that will cut devices%u2019 power consumption by 90% and reduce so-called vampire energy - power used by machines when they are turned off. IBM%u2019s Zurich lab is developing a transistor to regulate energy usage more efficiently, Bloomberg News said. The transistor would stop devices using energy while they are left plugged into an electrical outlet.

Caterpillar to Buy Engine Maker MWM for $810 Million

Caterpillar Inc (CAT) agreed to buy German company MWM Holding, a maker of engines that can run on alternative fuels, for 580 million euros ($810 million). MWM engines operate on fuels including diesel, biogas, and industrial waste gas, and can be used to generate electricity, Caterpillar said in a statement. The company is based in Mannheim, Germany.

Google Invests in Offshore Wind Energy Network

Google is taking an investment stake in the construction of a major undersea power network off the mid-Atlantic coast, the company announced Tuesday. The project is designed to deliver enough energy to power 1.9 million households from offshore wind turbines to the Eastern Seaboard.

Save money in every room of your house

As fall creeps in and a chill takes over my house at night, I've been contemplating turning the gas furnace on for the first time. But oh, how I've...

Carlos Slim Open to Energy Investments Outside Mexico

Carlos Slim, ranked by Forbes as the world%u2019s richest man, said he is open to the possibility of investing in new energy projects outside Mexico. Slim, 70, said that he would consider opportunities in the power sector, Reuters reported.

Ex-GM CEO Fritz Henderson to Lead Sunoco Spin-Off

Former General Motors CEO Frederick "Fritz " Henderson has found a new job, but not within the auto industry. Energy giant Sunoco has tapped Henderson to lead SunCoke Energy, a spin-off it is forming early next year, the company said Thursday.