Latest news with #TOU
The Star
22-07-2025
- Business
- The Star
Plea for smart meters, TOU scheme in Negri Sembilan
Smart meters will help consumers use electricity more efficiently. — Filepic I AM writing to express my disappointment regarding the unavailability of the Time of Use (TOU) scheme in Negri Sembilan, despite its implementation in other regions. This innovative scheme aims to provide lower electricity tariff rates during off-peak hours, benefitting consumers who adapt their energy usage accordingly. As a resident of Seremban, I find this lack of access particularly concerning, especially since many of us are looking to adopt greener practices such as electric vehicle (EV) ownership and charging at home. During a recent visit to Kedai TNB to ask about the scheme, I was informed that it is not currently available in the Negri Sembilan state. This news was disappointing, given that such a scheme would offer significant savings on my electricity bill while supporting sustainable energy use. Additionally, I have expressed a desire to have a smart meter installed in my home to facilitate efficient electric vehicle charging. However, without the scheme in place, the benefits of such a meter are diminished. I urge TNB to expedite the implementation of the scheme here in Negri Sembilan and to prioritise the installation of smart meters for consumers who are committed to using electricity more efficiently. MUTHUKRISHNAN MURUGIAH Seremban
Business Insider
16-07-2025
- Business
- Business Insider
RBC Capital Keeps Their Buy Rating on Tourmaline Oil (TOU)
RBC Capital analyst Michael Harvey maintained a Buy rating on Tourmaline Oil on July 14 and set a price target of C$78.00. The company's shares closed yesterday at C$62.25. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Harvey is a 5-star analyst with an average return of 17.0% and a 56.85% success rate. Harvey covers the Energy sector, focusing on stocks such as Peyto Exploration & Dev, ARC Resources, and Advantage Energy. Currently, the analyst consensus on Tourmaline Oil is a Strong Buy with an average price target of C$78.17, which is a 25.57% upside from current levels. In a report released on July 11, CIBC also maintained a Buy rating on the stock with a C$75.00 price target. TOU market cap is currently C$24.09B and has a P/E ratio of 18.34. Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOU in relation to earlier this year.
Business Insider
29-06-2025
- Business
- Business Insider
Bank of America Securities Sticks to Its Buy Rating for Tourmaline Oil (TOU)
In a report released on June 26, Kalei Akamine from Bank of America Securities maintained a Buy rating on Tourmaline Oil (TOU – Research Report), with a price target of C$90.00. The company's shares closed yesterday at C$65.75. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Akamine is a 4-star analyst with an average return of 8.1% and a 62.96% success rate. Akamine covers the Energy sector, focusing on stocks such as Diamondback, Devon Energy, and EOG Resources. Tourmaline Oil has an analyst consensus of Moderate Buy, with a price target consensus of C$76.61, which is a 16.52% upside from current levels. In a report released on June 24, CIBC also maintained a Buy rating on the stock with a C$77.50 price target. TOU market cap is currently C$25.43B and has a P/E ratio of 19.36. Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOU in relation to earlier this year.
Yahoo
28-05-2025
- Business
- Yahoo
Kokua Line: Will time-of-use power rates expand after study?
Question : Is it true that the PUC or perhaps HECO has decided not to roll out variable TOU rates statewide now that the one-year Shift and Save pilot program period has ended ? Answer : Yes, Hawaii's Public Utilities Commission issued Order No. 41713 on May 21, entitled 'Closing the Advanced Rate Design Track, ' which says that Time-of-Use rates evaluated in the Advanced Rate Design study 'did not achieve the essential goals of meaningfully shifting electricity use to daytime hours and empowering all customers to save money ' and therefore should not expand as-is to all Hawaiian Electric customers. The order also says that the studied TOU program, marketed as Shift and Save, shall remain open to customers who are currently enrolled, unless they opt out. Hawaiian Electric closed Shift and Save to new enrollments as of Feb. 1, when the one-year pilot period ended. There were about 20, 000 customers in the pilot program, who 'will be informed about the program's close and that they may choose to opt out. The purpose of the pilot was to test how these rates would work in real life in households and businesses. We now have detailed data on customer behavior related to price signals, which can help inform future decisions about rate design, ' Darren Pai, a spokesperson for Hawaiian Electric, said in an email Tuesday. Shift and Save encouraged 'customers to shift their energy use from evening peak and overnight hours when rates are higher to the daytime when solar energy is abundant and rates are lower, ' Hawaiian Electric's website says. However, the company's final report on Shift and Save, posted by the PUC on May 1, said its time-of-use rates 'did not achieve a meaningful shift of electricity use to the daytime off-peak period and were not structured and /or implemented to provide all customer categories with an opportunity to reduce their bills, particularly residential customers who work full-time during the day and /or commute in an electric vehicle, ' according to the PUC's order. Hawaiian Electric and other parties have until June 18 to respond to the PUC's order. Q : I read articles about the Shinnyo Lantern Floating at Ala Moana Regional Park, and I was just wondering about the details of the ceremony : what are the lanterns made of, what are they floating on, are they cleaned and reused or recycled afterwards, do any blow away into the open ocean, etc ? I realize the importance of the event to the participants in honoring lost loved ones, but am also hoping that the environment is honored and protected from further degradation in this age of diminishing resources and environmental crisis. A : Each of the 6, 000 individual lanterns are comprised of a foam base, paper lantern, a candle in a foil cup and a plastic rudder, according to the event's website. They're designed to catch on lines strung across the water to ensure they don't float out to sea. Volunteers on canoes retrieve them after the ceremony ends. Some parts, such as the foam bases and plastic rudders, are cleaned and reused year after year, while the paper on which prayers and remembrances are written is removed and disposed of 'in a proper and spiritually respectful way, ' according to the website, The ceremony also includes large guiding lanterns and collective remembrance lanterns, which are made of different materials but which also are retrieved and reused, it says. Shinnyo-en is a school of esoteric Buddhism founded in Japan in the 1930s ; its first temple outside of Japan was dedicated in Hawaii in 1971, the website says.------------Write to Kokua Line at Honolulu Star-Advertiser, 500 Ala Moana Blvd., Suite 2-200, Honolulu, HI 96813 ; call 808-529-4773 ; or email.------------
