Utility Execs' Roundtable: We sat down with five utility execs who lead their companies on innovation
By Public Utilities Fortnightly
Migrating to a model that focuses on product and service volume to produce margins is a fundamental shift. But the challenge these executives acknowledge is learning how to blend several unique business models as the scope of their business expands.
Western utility economics puzzle former Communists
I am not sure how many older generation post-communist managers stayed in such positions after the introduction of capitalism and national programs of commercialization and privatization. Under the communist system, the public utility services bill was based on pricing principles far removed from any notion of the cost of the services.
It is often said that ratemaking is as much art as science.
It is the process of setting a return on equity that is fair to both shareholders and consumers that demonstrates the art and science practiced by regulators. One case reported here provides a good glimpse at the entire range of issues put before regulators: a decision by the Michigan Public Service Commission setting electric rates for Consumers Power Company.
A History of Public Utility Regulation
The electric power industry is the key industry in our society. Nothing can function without adequate, reliable, fairly-priced produced and delivered electric service. Getting the capital recovery or depreciation right is not optional.
Banks, Utilities Find Natural Fit
Local banks are still an under-utilized resource for electric utilities, despite the role these banks played historically. Regional and local banks are often healthier than big banks, according to the Federal Reserve.
Berkeley Lab’s Discussion with Five Experts
Lisa Wood, Ross Hemphill, John Howat, Ralph Cavanagh and Severin Borenstein
Five of our industry's top thought leaders weigh in on the white-hot controversy of rate design as utilities and regulators plot a course for electricity's future.
Rate of Return for Fun and Profit
If you want actionable intelligence up front, here it is: invest in regulated utilities. There is mounting evidence that investment in utility stocks has outperformed the broader market in the past, and will continue to do so.
Understanding how PUC rate case findings differ from a utility’s financial reports.
(November 2015) Setting an allowed return on equity has consistently proven to be the most contentious and subjective part of a rate case proceeding.
The real thing demands a culture shift toward long-range thinking.
Rather, it involves a culture shift: towards a broader view to encompass such business processes as life-cycle planning, performance analysis, and the entire value chain.
Today, tomorrow, forever?
NREL contradicts AWEA, finds wind power not competitive, and favors extending the production tax credit (PTC), but that won’t aid economic growth.