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Ohio - Showing the U.S. its utility future?

Discussion in 'Energy, Environment, and Policy' started by 3mp_kwh, Dec 15, 2015.

  1. 3mp_kwh

    3mp_kwh Member

    Joined:
    Feb 13, 2013
    Messages:
    822
    Location:
    Boston
    http://www.forbes.com/sites/williampentland/2015/12/12/firstenergy-finagles-mother-of-all-boondoggles/

    So many directions to go with this story. The old regulated, state by state, model of utilities is attempting to adapt to a future it was never built to serve. One that looks more like it is helping the utilities and the environmental movement, first, before considering the rate-payer. The Sierra Club is on board with this (decoupling / some renewables?).

    From Ceres, to the Wall Street Journal, most are on the attack:
    http://www.wsj.com/articles/ohio-power-companies-consumers-spar-over-who-pays-for-spare-electricity-1447701133

    ...But it still looks like it will happen.

    I'd love to see the environmental side and rate payer move together, but they diverge when it comes to making energy more expensive. I honestly don't think that ends well for the environment, unless cord-cutting speeds up? That's a tough ask in states, like OH, where electric rates are still about a dime/kwh.
     
  2. Ryan H

    Ryan H Member

    Joined:
    Sep 19, 2015
    Messages:
    109
    Location:
    Berea, OH
    Great...
     

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