The Data Says Mostly No
By Geoffrey Lubbock When states began “restructuring” their electricity markets in the late 1990s and early 2000s, the pitch to consumers was straightforward: let power companies compete for your business, the way phone or insurance companies do, and prices will fall. Nearly three decades later, with fifteen years of granular state-level EIA data now easy […]
It Has to Be About Cost
Anyone who has sat through a rate case has heard the complaint: cost-of-service regulation rewards spending. Build more, earn more. It’s a fair complaint, and it’s behind most of the reform energy in the industry right now — performance incentives, multi-year rate plans, the various pitches to “break from cost of service” altogether. But if […]