Leadership Lyceum

Leadership Lyceum: A CEO’s Virtual Mentor

This podcast series focuses on corporate and industry strategy and trends from the direct vantage point of key industry leaders. Subscribe to the podcast at Apple iTunes. Interviews with Tom Fanning and Bob Flexon are available, as well as one with Joe Rigby, Bob Skaggs and Les Silverman.

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Calendar of Events

Apr 09, 2017 to Apr 12, 2017
| Phoenix, AZ
May 02, 2017 to May 05, 2017
| Orlando, FL
May 21, 2017 to May 23, 2017
| Orlando, FL


Public Utilities Reports

PUR Guide Fully Updated Version

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PUR Guide

This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.

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Energy Policy & Legislation

Moral Economics and Power

Neo-Liberalism's Consequences

Leonard Hyman and William Tilles

Adam Smith's first book, “The Theory of Moral Sentiments,” argued that people acted not just for money, but also out of professional pride, fairness, patriotism, altruism and other non-economic reasons. Maybe the time has come to revisit Adam Smith and his important first book.

One Size Doesn't Fit All!

Offer Choices

David Boonin

Offer end uses as the product, and not therms or watts. The utility becomes a true energy service company.

Is It Finally Time to Embrace Multiyear Rate Plans?

Customers and Utilities Benefit

Ken Costello

In the U.S., electric utilities are the major supporter of MRPs. In other countries, the government has been a major proponent. Countries such as Australia, Canada and Great Britain have relied heavily on MRPs, often citing the deficiencies of traditional rate-of-return ratemaking.

What is the Right Rate Design?

Fairness Is In the Eye of the Beholder

Tanuj Deora

Fairness has conflicting meanings for customers, utilities, power generators, DER providers, and others. Regulators and policymakers must understand their goal should not be the perfect rate design; it doesn't exist.

Are We Paying Too Much for Residential Solar?

Many Voters Unaware of Costs

By Robert Borlick

The typical solar customer in Southern California could recover their investment in seven years. After which, the facility would provide essentially free electricity for at least 18 more years. If this sounds too good to be true, it is. Those generous returns are paid for by federal taxpayers and California residential customers that lack rooftop solar.

NARUC Manual on DER Rate Design and Compensation

Where is it Most Relevant Today?

Cameron Brooks

The 14 states with highest DER adoption levels represent 40% of the total market for electricity; four states have annual revenues of more than $15 billion.

Change Underway in Electric Power Industry

Key Trends Volume Released

Lisa Wood

In 2016, the Institute for Electric Innovation released Volumes I, II, and III of Key Trends Driving Change in The Electric Power Industry. The final volume examines rate and regulatory reform, data analytics, and grid modernization.

Capitalism Debates Socialism in Honolulu

Hawaii Considering Alternatives to Private Sector Ownership

Leonard Hyman and William Tilles

Lawmakers in Hawaii are really asking three interconnected questions. Do we need stockholders or shareholders to finance our electric utility? Are we comfortable with private sector management setting goals for the local electricity business? If the electric business is run publicly as a not-for-profit, how will we set rates?

Effective Rate Design

Two by Four, not a Nudge

David Boonin

Some might think that tweaking rates is all that is needed. This is false. Effective rate design must get customers’ attention. It is not a precise science that should be constrained by gradualism.

Ultimate Triumph of Standard Market Design

Chairman Wood, Commissioners Brownell, Massey, Breathitt, take a bow

Steve Huntoon

Standard Market Design was demonized on the Hill, declared dead by FERC in 2005, and remains a political third rail. But what really became of SMD?