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#Pennsylvania industrial energy users say follow #Minnesota on rate design

Pennsylvania industrial energy users say follow Minnesota on rate design As more states undertake rate reform or some form of utility sector overhaul, regulators and industry stakeholders are learning from what has been done in other jurisdictions and service territories. The IECPA recommended the commission “implement a deliberate approach” for utilities to introduce new rate … Continue reading #Pennsylvania industrial energy users say follow #Minnesota on rate design

s Winter Storm Bears Down, Power Prices Surge to Highest in Nearly 4 Years

s Winter Storm Bears Down, Power Prices Surge to Highest in Nearly 4 Years With the winter storm barreling up the Atlantic coast, power demand is rising throughout the morning — a rare occurrence that’s causing some of the highest prices in almost four years. Spot power on PJM Interconnection LLC’s benchmark western hub surged … Continue reading s Winter Storm Bears Down, Power Prices Surge to Highest in Nearly 4 Years

PJM price formation proposal would dramatically change how prices are set in the RTO

PJM price formation proposal would dramatically change how prices are set in the RTO PJM has engaged in market reforms before. Most recently with the establishment of a capacity performance (CP) product in the wake of the 2014 polar vortex. But PJM’s new price formation proposal goes beyond anything the RTO has attempted in the … Continue reading PJM price formation proposal would dramatically change how prices are set in the RTO

Electricity Prices Reflect Rising Delivery Costs, Declining Power Production Costs

Electricity Prices Reflect Rising Delivery Costs, Declining Power Production Costs Over the past decade, retail electricity prices have not closely followed the costs of fuels used to generate electricity, such as coal or natural gas, mainly because of changes in the other costs involved with producing and delivering electricity in the United States. The average … Continue reading Electricity Prices Reflect Rising Delivery Costs, Declining Power Production Costs

The future of rate design: Why the utility industry may shift away from fixed charges

The future of rate design: Why the utility industry may shift away from fixed charges Less than three years after the utility industry first introduced fixed charges into its playbook, state regulators and utilities across the country appear to be looking for a new approach to growing concerns over load defection. In January 2013, the … Continue reading The future of rate design: Why the utility industry may shift away from fixed charges

As Conservation Cuts Electricity Use, Utilities Turn to Fees

As Conservation Cuts Electricity Use, Utilities Turn to Fees Double-digit percentage increases for distribution, maintenance anger power consumers Electric utilities across the country are trying to change the way they charge customers, shifting more of their fixed costs to monthly fees, raising the hackles of consumer watchdogs and conservation advocates. Traditionally, charges for generating, transporting … Continue reading As Conservation Cuts Electricity Use, Utilities Turn to Fees