The article seeks to address this situation by describing, at a high level, how utilities work and why, the challenges facing them, and what a utility suited to the 21st century might look like. It describes a very brief history of the electric industry and discusses the “regulatory compact” that underlies utility regulation. The article argues that this model no longer makes sense when electric sales are flat or declining and technologies have evolved to allow for on-site generation."excruciatingly boring, a thicket of obscure institutions and processes, opaque jargon, and acronyms out the wazoo. Whether PURPA allows IOUs to customize RFPs for low-carbon QFs is actually quite important, but you, dear reader, don’t know it, because you fell asleep halfway through this sentence."
July 1, 2013
Utilities for Dummies
An article in the May 21 edition of Grist notes that utility regulation is a subject that is
