We haven’t done one of those before but we’re always looking for new ways to add value to the organization. Are rate cases mostly haggling about who gets left with the bill and how much the utility should make on return on equity?
Yes ROE is the big piece but they usually also include an audit of all utility spending and provided details on all utility programs. Groups like NRDC and Sierra club regularly intervene and can usually get utilities to run programs that those kinds of groups would want to see. Cost modeling, resource adequacy, and cost of service are all audited in a rate case
Congratulations on your new endeavor; best of luck!
Two questions: First, do you intend to continue to post your "EBB" essays? It would be a loss if those were to stop, as they are informative, entertaining, and thought-provoking.
Second: As part of your corporate activities, could you design a new system of energy subsidies that are based on energy density and capacity factor? As I read your company CV, I see a lot of work done in reaction to government policies. Being reactive is OK, and it pays the bills so to speak, but considering subsidies are a way of being proactive in energy policy, using economics rather than virtue signaling (such is the case with many of the EPA regs) to promote environmental stewardship.
No need to fear, we will continue our Energy Bad Boys articles. EBB is a separate thing we do from Always On but there tends to be a good amount of overlap.
We don’t like subsidies for any sources of energy but realize they are part of life. We are working on advancing legislation like Only Pay For What You Get that attempts to right size the incentives for dispatchable and nondispatchable resources.
It would be nice if they were not apart of life.... no subsidies for any of it, like other businesses - make it or don't! But there again there are so many types of subsidies, grants, compensation.... oh it is endless... just wears you out thinking about it!
You might look at his very helpful answers to my comments in the 3rd or 4th installment -- can't remember which. That provides a little more dive into finer details.
Could someone pay you guys to say the opposite? Need to pick off a few industrial facilities in other states and move them here to Ohio! Just kidding, I think those other states will ignore your warnings.
I’m a bit skeptical of Trevor’s analysis in Colorado, but certainly I share the concerns of effects on materials and capital costs pushed directly to ratepayers. The latter is (anecdotally) not heavily scrutinized by CPUC.
Congratulations on the new venture. You guys do great work
Thanks, Andy!
Indeed! Congratulations and thank you!! so much for sharing
Thanks, Pamela!
Congrats guys! Ever considered adding rate case intervention to the list?
We haven’t done one of those before but we’re always looking for new ways to add value to the organization. Are rate cases mostly haggling about who gets left with the bill and how much the utility should make on return on equity?
Yes ROE is the big piece but they usually also include an audit of all utility spending and provided details on all utility programs. Groups like NRDC and Sierra club regularly intervene and can usually get utilities to run programs that those kinds of groups would want to see. Cost modeling, resource adequacy, and cost of service are all audited in a rate case
Congratulations on your new endeavor; best of luck!
Two questions: First, do you intend to continue to post your "EBB" essays? It would be a loss if those were to stop, as they are informative, entertaining, and thought-provoking.
Second: As part of your corporate activities, could you design a new system of energy subsidies that are based on energy density and capacity factor? As I read your company CV, I see a lot of work done in reaction to government policies. Being reactive is OK, and it pays the bills so to speak, but considering subsidies are a way of being proactive in energy policy, using economics rather than virtue signaling (such is the case with many of the EPA regs) to promote environmental stewardship.
Hi Barry!
No need to fear, we will continue our Energy Bad Boys articles. EBB is a separate thing we do from Always On but there tends to be a good amount of overlap.
We don’t like subsidies for any sources of energy but realize they are part of life. We are working on advancing legislation like Only Pay For What You Get that attempts to right size the incentives for dispatchable and nondispatchable resources.
It would be nice if they were not apart of life.... no subsidies for any of it, like other businesses - make it or don't! But there again there are so many types of subsidies, grants, compensation.... oh it is endless... just wears you out thinking about it!
Love what you do - thanks!
Best wishes - you'll do well.
Thanks, Ian!
Congrats Boys, much needed service
Thank you sir! Picked up a brochure about a generator at Costco today!
My two precautions about Firman are, they are loud and they have fairly high THD, but if you 2ant quiet and low THD tge price goes up.
My phone needs a bigger keyboard
I’ll read the rest of your series and ask you for advice ;)
You might look at his very helpful answers to my comments in the 3rd or 4th installment -- can't remember which. That provides a little more dive into finer details.
Could someone pay you guys to say the opposite? Need to pick off a few industrial facilities in other states and move them here to Ohio! Just kidding, I think those other states will ignore your warnings.
Haha yeah that’s probably right
Love your work! Good luck 🍀👍
Thanks, Dave!
You guys are the best. Good luck in your new venture.
Thanks, Critical Thinker!
I hope you are so successful that the nation finally sees the insanity of putting wind and solar on our grids. Best of luck.
Congrats on the new business venture, and thanks for the shout out!
I’m a bit skeptical of Trevor’s analysis in Colorado, but certainly I share the concerns of effects on materials and capital costs pushed directly to ratepayers. The latter is (anecdotally) not heavily scrutinized by CPUC.
Good luck gents.