| Fortnightly

U.S. General Services Administration Partners with Entergy Arkansas on Carbon-Free Targets

Entergy Arkansas

“Since Arkansas has a vertically integrated market, there needs to be a regulatory proceeding with the PUC where the tariff is created. We want to make sure it’s going to meet the objective of the federal government in ensuring we are bringing in new carbon pollution-free electricity to meet that fifty percent 24/7 goal.”

Byline:

Jetta Wong

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Heading the National Association of Regulatory Utility Commissioners

NARUC

“NARUC is in its 134th year, and we’re in a good place. We’re an established organization, and our members are at the forefront of the energy and utility regulatory transition that is going on today. We’re busier than ever.”

Byline:

Greg White with Paul Kjellander

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Empire State Leading

Enacting CLCPA Equitably

Enacting the Climate Leadership and Community Protection Act equitably: “Integrating equitable outcomes as a central driver of our efforts was a conscious choice borne from a recognition that many past actions to develop energy infrastructure in use today didn’t prioritize equity and the resulting environmental impacts on communities.”

Byline:

Rory Christian

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EPRI is Climate READi

NYPA

“Climate READi could inform generation siting decisions that the state might make. It also will inform the kind of upgrades and improvements that are going to be required of generating facilities if you take into consideration the long-term effects of climate change.”

Byline:

Justin Driscoll

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Electric Utilities Industry Making Black History Now

Exelon, Southern Company

When Chris Womack takes the reins at Southern Company, he will join Exelon’s Calvin Butler as two African American men leading two of the largest five utilities.

Byline:

Paintings by Paul Kjellander

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From Both Sides Now: Bob Rowe Retiring

NorthWestern Energy

“Dealing with supply restructuring was challenge enough, but as Montana Power transitioned into being a telco, which ended up in a liquidation bankruptcy, NorthWestern Public Service came in, committed to the utility operation, and acquired the distribution system.”

Byline:

Bob Rowe with Paul Kjellander

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NARUC's Winter Summit

The More Things Change

There’s less than two weeks to go before we’ll be getting together again in D.C. in mid-February. As usual it will be a lot warmer inside the Renaissance Hotel than outside of it, at NARUC’s 2023 Winter Meeting; formally the Winter Policy Summit.

Byline:

Steve Mitnick

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December PPI Data

December’s Producer Price Index report was released last week. The good news in the natural gas commodity markets is now translating to good news for the electric utility industry.

The key indicator is the price trend in natural gas purchases by electric power producers. That price was down 12.4 percent in December year-over-year.

Why does that matter? Because last June that price was up 98.2 percent year-over-year. As recently as September that price was up 40.7 percent year-over-year.

Lowest Income's Electric Bills

In 2021, the average income before taxes of the lowest income households in the U.S. (the lowest quintile) was only one-seventeenth of the income before taxes of the highest income households (the highest quintile). One-seventeenth. That is indeed a very small fraction.

Even after taxes, the average income for the lowest income households was only one-twelfth of the average for the highest income households. One-twelfth. That’s still a very small fraction.

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