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The two neighbors weather the same storms, heat waves and cold snaps and live so close that each could probably spot the other’s house if they knew where to look. Michelle Ma and Nadja Popovich report on why prices are rising much faster at investor-owned utilities than at municipal ones. ()
The AIM-listed UK technology group reported six-month revenue of £9.2m, adjusted EBITDA of £1.0m and adjusted profit before tax of £0.5m. It also said it secured about £1.6m of additional debt funding after period end.
The rise of electric vehicles in the US is creating a two-tiered fuel market, with EV owners' costs determined by local electricity prices and gasoline car users' costs tied to global oil markets. EV charging averages $1.56 per gallon nationwide, while gasoline costs $4.43 per gallon.