Fortnightly Magazine - November 2007

Annual ROE Survey: Capitalizing On Grid Concerns

Regulators use rate cases to craft incentives for capital spending.

(November 2007) Fortnightly's annual rate-case analysis reveals a new trend at state PUCs involving return-on-equity rate allowances. Regulators increasingly are giving utilities an earnings incentive to pursue preferred investments.

Deregulation, Phase II

Recent electricity pricing argues for faster, more extensive deregulation.

Was restructuring a success? Prices provide a dispassionate analysis, showing that restructuring was poorly designed, badly executed, and focused on the wrong part of the grid. With those lessons learned, it’s time to explore ways to move forward.

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