NARUC Manual on DER Rate Design and Compensation
Where is it Most Relevant Today?
The 14 states with highest DER adoption levels represent 40% of the total market for electricity; four states have annual revenues of more than $15 billion.
Energy Policy & Legislation
Change Underway in Electric Power Industry
Key Trends Volume Released
In 2016, the Institute for Electric Innovation released Volumes I, II, and III of Key Trends Driving Change in The Electric Power Industry. The final volume examines rate and regulatory reform, data analytics, and grid modernization.
Capitalism Debates Socialism in Honolulu
Hawaii Considering Alternatives to Private Sector Ownership
Lawmakers in Hawaii are really asking three interconnected questions. Do we need stockholders or shareholders to finance our electric utility? Are we comfortable with private sector management setting goals for the local electricity business? If the electric business is run publicly as a not-for-profit, how will we set rates?
Effective Rate Design
Two by Four, not a Nudge
Some might think that tweaking rates is all that is needed. This is false. Effective rate design must get customers’ attention. It is not a precise science that should be constrained by gradualism.
Ultimate Triumph of Standard Market Design
Chairman Wood, Commissioners Brownell, Massey, Breathitt, take a bow
Standard Market Design was demonized on the Hill, declared dead by FERC in 2005, and remains a political third rail. But what really became of SMD?
Residential Demand Charges: Bad Choice
Time-of-Use is a Better Reform
Utilities go too far in their proposals to recover capacity costs from rooftop solar customers who self-generate. The affirmative case for Time-of-Use tariffs that reflect marginal costs is strong for all customers.
Facilitating Innovation
Making Regulation a Better Surrogate for Competition
There are some ways, though perhaps modest, for regulators to move their utilities along and encourage appropriate risk taking.
Energy People: Clint Vince
We talked with Clint Vince, chair of the Dentons LLP Energy sector
Clint Vince has directed the expansion of the U.S. energy team to more than 1,000 professionals in 58 countries. His experience involves major project development, legislative and regulatory advocacy, and litigation and appellate cases, including U.S. Supreme Court advocacy.
Energy People: Chair Audrey Zibelman
We talked with Audrey Zibelman, Chair of the New York Public Service Commission
Chair Zibelman has been responsible for designing and leading the regulatory market changes of the electric industry under Gov. Cuomo’s Reforming the Energy Vision, a comprehensive plan to modernize and transform New York’s electric industry. Previously she served as COO of PJM.
November Birthdays: Sam Insull
Insull literally created our system of regulated monopolies and cost-of-service regulation.