We talked with Bob Catell, former deputy chairman of National Grid plc.
Many Deals Completed, What Have We Learned?
We’ll Soon Hand You the Baton
As households age, they spend less on electricity in dollars, but more as a percent of all their expenditures
The Labor Department has published Consumer Expenditure Survey data on how Americans of different ages spend differently. The survey shows how age affects expenses for electric and natural gas utility service.
Twenty-two percent of households were classified as the youngest. Those surveyed averaged twenty-seven years old.
These households spent $1,125 on electric service, on average, during the twelve months through June 2015.
We have our second winner of the PUF Cross-Examination Award. The award goes to media and other statements that are so misleading they compel us to cross-examine.
Readers may recall the first winner. It was a July 5th article of the New York Times. The article, "Piles of Dirty Secrets Behind a Model 'Clean Coal' Project," implied a utility project in Mississippi has driven electric rates to unbearable levels.
Mamie Eaton was celebrated in the lead article of the December 13, 1928 issue of Public Utilities Reports Fortnightly. She was the first woman to serve as a member of any railroad or public service commission.
Mamie was appointed by Florida's Governor in March 1927, after the death of Commissioner R.L. Eaton, her husband. She was elected to her own term in November 1928.
When she wasn't deciding rate cases? She owned and ran one of the largest growers of watermelon seeds in the world.
The Consumer Price Index for July was published Tuesday, August 16. The CPI for all goods and services rose eight tenths of a percent (compared to a year ago).
But the CPI for electric utility service fell one percent. And the CPI for gas utility service fell four tenths of a percent.
The latest Energy Dept. data says, as has Sly and the Family Stone, it's hot fun in the summertime.
Contiguous U.S. electricity demand last week rose with the temperatures. Peak hour demand was up six to eight percent, every weekday, relative to the comparable day of a year ago. Daily consumption was up six to ten percent, every weekday.
Thursday, August 11 was a doozy. The contiguous U.S. demanded 710 thousand megawatts at the daily peak. We used 14,246 thousand megawatt-hours that day.
Demand and consumption in the northeast drove these high numbers.
Did you read August 14's Wall Street Journal article on Japan's audiophiles? They're installing their own utility poles to hear more clearly Queen's "I'm in Love with My Car" and other favorite tunes. (Wall Street Journal, Juro Osawa, "A Gift for Music Lovers Who Have It All: A Personal Utility Pole," August 14, 2016.)