Prices and Pitchforks
The notion of timing incremental changes has often been a powerful tool in utility ratemaking.
Roller Coaster
In Q2 2022, 1.34 percent of consumer expenditures were on electricity. That’s one and a third percent.
How about we express this as a fraction? One-seventy-fifth of what consumers spent was for electricity.
Historically, 1.34 percent is fairly moderate. Over the last ten years, electricity’s percentage of Q2 consumer expenditures was 1.40 percent or more from the year 2013 through 2016. In 2017 and 2018 it dipped to 1.36 percent and 1.34 percent respectively.
Second Quarter GDP data
On July 28, the Commerce Department published the Gross Domestic Product data for the second quarter. This key economic indicator tells us, among other things, where we are with respect to utility expenditures.
Overall consumer expenditures, nationwide, were up 8.4 percent year-over-year in Q2. Expenditures on consumer goods were up 6.4 percent. But on consumer services they were up 9.5 percent.
Federal vs. State Regulation in 1930
PUF in History
In a 1930 edition of PUF, Senator James Couzens defended his Senate Bill 3869, which would regulate the interstate transmission of power, and stated emphatically that it would not interfere with state commission regulation. Harold E. West, Chairman, Public Service Commission of Maryland, offered a rebuttal.
Strategic Thinking and Creative Solutions for Unprecedented Times
Overcoming Today’s Challenges
Association of Edison Illuminating Companies member Southern Company recently shared some of the strategic thinking and creative solutions their teams have developed to navigate through the myriad challenges currently faced by our industry.
Picture Energy: EPRI's Electrification 2022
Memorable Moments in Charlotte
Photo highlights from the event.
Picture Energy: NEI's Nuclear Energy Assembly
Memorable Moments in Washington, D.C.
Photo highlights from the event.
Picture Energy: Mid-America Regulatory Conference
Memorable Moments in Chicago
Photo highlights from the conference.
The Largest Clean Energy Show in North America
SEPA
Conversation With Smart Electric Power Alliance’s Adam Wasserman on September’s colossal conference in Anaheim, rebranded as RE+ and that has something for everyone.
M&A in Uncertain Times
PwC
“We’re targeting carbon reduction and that could incent deals. The other side of that is, it seems the bar continues to get raised in how deals will be evaluated and the scrutiny they’ll be under given ESG goals.”