Today: 29 June 2026
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NASDAQ:EXC 29 October 2025 - 5 June 2026

Pennsylvania Sees Electric Bill Spike as AI Data Center Debate Heats Up

Pennsylvania Sees Electric Bill Spike as AI Data Center Debate Heats Up

Pennsylvania House Republicans propose forcing large data centers to secure their own power and pay grid costs after electricity prices jumped statewide June 1, with PECO’s default supply price up to 11.759 cents/kWh and capacity prices for PJM soaring from $28.92 to $329.17 per megawatt-day for 2026/27, driven partly by data center demand.
5 June 2026
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PECO’s New Boss Faces Safety Fight as Union Seeks State Probe of Aging Poles

PECO’s New Boss Faces Safety Fight as Union Seeks State Probe of Aging Poles

IBEW Local 614 filed a petition Thursday asking Pennsylvania regulators to investigate PECO’s repair practices, citing damaged poles and equipment. The move comes days after Exelon replaced PECO CEO David Vahos with interim chief Mike Innocenzo. PECO denies the union’s claims, linking the filing to stalled contract talks. The union says its survey found hazardous conditions in multiple Philadelphia neighborhoods.
1 May 2026
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PECO Seeks Another 12.5% Rate Hike. Why Philly Utility Bills Could Rise Again in 2027. (WHYY)

PECO Seeks Another 12.5% Rate Hike. Why Philly Utility Bills Could Rise Again in 2027. (WHYY)

PECO filed for delivery-rate increases that would raise a typical residential electricity bill by 12.5% and suburban gas bills by 11.4% starting in 2027. The utility seeks $429 million for electric upgrades and $81 million for gas infrastructure, serving 1.7 million electric and over 553,000 gas customers. More than 1,000 union workers remain without a contract as labor talks continue.
2 April 2026
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Utilities stocks today: NextEra’s $4 billion share-sale plan keeps XLU under pressure into 2026

Utilities stocks today: NextEra’s $4 billion share-sale plan keeps XLU under pressure into 2026

U.S. utilities fell in the year’s final session, with the XLU ETF down 0.6% after NextEra announced a $4 billion at-the-market equity program. Duke Energy filed for an early site permit for possible new nuclear construction in North Carolina. NextEra shares slipped 0.3%, Duke fell 0.4%, and Southern Co dropped 0.4%. Broader U.S. stocks also closed lower in thin trading.
1 January 2026
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Utilities Stocks Outlook for 2026: AI Data Center Demand, Rate Cuts, and the New Power-Grid Investment Cycle

Utilities Stocks Outlook for 2026: AI Data Center Demand, Rate Cuts, and the New Power-Grid Investment Cycle

U.S. electricity demand is projected to hit record highs in 2025 and 2026, driven by AI and data centers, according to the EIA. PJM capacity auction prices reached $333.44 per megawatt-day, with supply falling short by 6,600 MW. Georgia regulators approved a $16.3 billion plan for Georgia Power to boost capacity by 50% to meet data center needs.
20 December 2025
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Pennsylvania Electric Bills Jump After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Pennsylvania Electric Bills Jump After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Electric rates rose across Pennsylvania on December 1, with PECO, PPL, Duquesne Light, and West Penn Power all increasing default supply charges. Duquesne Light customers in the Pittsburgh area face a 10.6% hike, while PECO customers in Philadelphia see a 6% rise. State regulators cite higher wholesale and capacity costs, increased demand from data centers and electric heating, and plant retirements.
2 December 2025
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PECO Pumps $10K Grants into Parks & $12K to Heroes – Energy Stocks Rally?

PECO Pumps $10K Grants into Parks & $12K to Heroes – Energy Stocks Rally?

PECO opened applications Oct. 29 for its 2025–26 Green Region Open Space grants, offering up to $10,000 to nonprofits for local green projects; applications close Nov. 7. On Oct. 28, PECO awarded $12,000 in grants to five first responder groups. Parent Exelon last traded near $48, close to a 52-week high. Utilities like Dominion and DTE are also rising as data centers and renewables drive demand.
29 October 2025
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Stock Market Today

  • Soybeans Close Slightly Lower as Traders Reduce Long Positions Ahead of June Acreage Report
    June 28, 2026, 10:43 PM EDT. Soybeans ended Friday's session with minor losses, as July contracts expired and traders adjusted positions ahead of Tuesday's June Acreage report from USDA's National Agricultural Statistics Service (NASS). Speculators trimmed net long soybean positions by 16,139 contracts, mainly through exiting long positions. Cash bean prices declined 2.5 cents to $10.76 per bushel. Soymeal futures fell 40 cents, while soy oil front-month futures gained up to 49 points. Export sales remain strong, with old crop commitments matching USDA projections and new crop sales significantly higher than last year. Market watchers await NASS's report, which is expected to confirm 85.2 million acres planted this spring, potentially impacting prices and trade flows.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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