July's Electric Bill Affordability Index
PUF's Electric Bill Affordability Index for July was 1.33%, versus 1.32% for July 2022.
PUF's Where's Energy
Announcing Fortnightly Top Innovators 2023
The Public Utilities Fortnightly team today announces the Fortnightly Top Innovators 2023.
From fourteen utilities: Arizona Public Service, Avangrid, BGE, Centerpoint Energy, CMS Energy, Duquesne Light, Exelon, PECO, PNM Resources, PPL Electric Utilities, Puget Sound Energy, San Diego Gas and Electric, Southern Company and Xcel Energy.
Guest Essay: Happy Birthday IRA
This guest essay highlights where the Inflation Reduction Act stands a year since passage.
Rates and the CPI
In May, overall prices for all goods and services rose a modest tenth of a percent.
Fortnightly Top Innovators is Back!
Nominate individuals or teams at your company that bring breakthroughs to market.
Job Opening: Alaska Grid CEO
Railbelt Reliability Council seeks dynamic and experienced candidates for CEO.
Austin Parts I & II
EEI 2023 and NARUC’s Summer Summit both take place in Austin this summer.
White House on Permitting Reform
Full speech: Senior Advisor John Podesta outlines the Administration’s position on permitting reform.
Rate Runup Moderating
February’s Consumer Price Index for electricity was up 12.9 percent year-over-year. March’s CPI for electricity was up by less, 10.2 percent year-over-year.
And now April’s CPI for electricity is in. April’s was up by even less, 8.4 percent year-over-year.
This is the clearest sign yet that the runup in residential electric rates is moderating. It was a little rough there for a while. Driven by the abrupt rise in natural gas prices in the spring and summer of last year from Russia’s invasion of Ukraine.
Penny on the Dollar
Californians’ residential electric bills averaged just nine-tenths of one percent of all their expenditures on goods and services in the year 2021. 0.91 percent to be precise. Significantly less than a penny on the dollar.
This according to the data used by the U.S. Commerce Department to calculate the Gross Domestic Product.
California’s average was well below the national average, 1.26 percent. Per kilowatt-hour rates are high in California, as compared to other states, but kilowatt-hour consumption is low.