http://www.forbes.com/sites/william...rstenergy-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-po...ver-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.
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-po...ver-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.
