Fortnightly Magazine - September 2025

The 2025 NARUC Summer Policy Summit featured a conversation between Exelon CEO Calvin Butler and NARUC President and Georgia Commissioner Tricia Pridemore. There was a lot to talk about with Butler, who leads one of the nation’s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. He also is chair of the board of the Edison Electric Institute and leads some twenty thousand Exelon employees.

Indiana, Minnesota, Ohio, and Nevada recently approved tariffs for new large load customers. This panel at the 2025 NARUC Summer Policy Summit explored the state objectives regulators consider when evaluating tariffs and which tariff design elements support those goals. On the panel were moderator and North Carolina Commissioner Floyd McKissick Jr., moderator and Virginia Commissioner Kelsey Bagot, SEPA Senior Manager, Emerging Technology Ann Collier, Lawrence Berkeley National Lab Deputy Department Leader Natalie Mims Frick, Verrus Head of Energy Jeff Bladen, and ALN Policy and Law, LLC President Angela Navarro, a former Virginia Commissioner.

“I’ve been warning that we’re heading for a reliability crisis. It’s a simple Econ 101 equation. Supply is going down with premature retirements of generation and not building enough. Then, we’re seeing exponential increase in demand.”

“This pioneering project shows that we no longer need to guess or debate whether a proposed data center will get built. We can wait until it’s mostly built (so we can be surer it’ll get finished and run), then build its off-grid power supply on nearby cheap land.”