January 24, 2020 by Jim Lazar, Paul Chernick, William Marcus and Mark LeBel

The 20th century method of setting electric utility rates are being made redundant by the new technologies of the modern age. It’s currently a three-step process - determining the revenue requirement, deciding how to divide costs among ratepayers, then designing the rates themselves. It uses traditional categories: generation, transmission and distribution; cost classifications (energy-related, demand-related, customer-related); customer/rate … [Read more...]

Filed Under: Energy, Policies Tagged With: DistributedEnergy, electricity, investment, pricing, renewables, SmartMeters, utilities