DR

Smart Meters on The March

New federal policies portend a wave of demand-response programs, and perhaps a new era in resource planning.

When President Bush signed the energy bill on August 8, he set in motion a chain of events that might lead to major changes in the way utilities price and meter retail electric services—and ultimately in the way they value and use non-traditional energy resources.

Guessing Mother Nature's Next Move

What can be done to improve weather prediction and load forecasts?

Improving the day-ahead weather and load forecast by just 1 degree Fahrenheit would have huge financial benefits for the industry.

Regulatory Uncertainty: The Ratemaking Challenge Continues

In a joint survey conducted by Navigant Consulting and Public Utilities Fortnightly, utility executives identify the biggest challenge to their business.

A joint survey of utility executives by Navigant Consulting and Public Utilities Fortnightly identifies the biggest challenge regulators face.

Retail Risk-Based Pricing

A new approach to rate design.

Customers with greater risk require greater working capital set-asides to address anomalous or unexpected events.

Payable on Demand

Utilities are finding strategic benefits in demand-based metering technologies.

New metering dramatically expands utilities’ data-handling requirements. Stepping up internal facilities for analyzing this data lets utilities experiment with different price signals and incentives. By gauging the effect on overall load and on grid constraints, utilities can maximize the return on existing transmission assets and reduce the need for new investment. Just as important, utilities can use the new data to develop regulated and competitive products for specific customer niches. This is more than a profit opportunity. It is also part of a utility’s public obligation.

Customers Interrupted

Utilities that are short on capacity and operate in a stable regulatory environment may be able to extract value from interruptible rates.

Utilities that are short on capacity and operate in a stable regulatory environment may be able to extract value from interruptible rates.

 

The Politics of AMR

The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.

The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.

 

Cut the Pay-Out, Boost the Buy-Back?

The pros and cons of dividend pay-out reductions and stock repurchase programs in uncertain economic times.

The pros and cons of dividend pay-out reductions and stock repurchase programs in uncertain economic times.

The Dow Jones Utility Average currently stands at its lowest level in five years. Electric and gas utilities, along with U.S. companies generally, have been consistently lowering their payout ratios over the past several years, and that downward trend is projected to continue. What do these facts portend for utility investors in the near future?