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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (6490)	9/27/2020 4:55:55 AM
From: elmatador	Respond to of 13803

Before "...retail sales rose as marginal production costs fell, leading to growing profits for utilities and falling prices for consumers. Today, the need to reinvest in an aging and outdated grid is running up against flat or declining retail sales due to energy efficiency improvements and distributed generation, mainly rooftop solar, which has become increasingly popular. In response, utilities across the country are trying to raise fixed charges for solar owners as well as for basic service to try to stabilize their revenue stream and reduce their risk. In this rapidly changing environment, PUCs around the country are starting to grapple with the fact that rate of return regulation, an approach that has worked well for decades, may not remain viable going forward. Flat to declining load growth, new investments needed to modernize the grid, changing customer needs, and government policies supporting new energy choices are prompting a reconsideration of how utilities make a profit. How Do Electric Utilities Make Money? https://blog.aee.net/how-do-electric-utilities-make-money

To: clochard who wrote (6490)	9/27/2020 9:55:34 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 13803

During hot weather residents of Silicon Valley and other Free Markity regions without power plants tend to use their air conditioning regardless of how much their "smart meter" charges them. This behaviour confuses and baffles proponents of Free Markity as they continue to stumble through a real world which does not conform to their expectations. Many industrial customers already pay lower "interruptible rates" and take power cuts during peak periods. . In Los Angeles we have entire major power lines which hum to life only a few days a year during peak demand, bringing in more power to the Valley. Yet even with falling battery costs, the extra power line is still cheaper than a local battery installation. Ol Free Markity says this extra power line, or a massive new battery installation, are wasteful investments which should be replaced with blackouts. It's a major difference in philosophy. You get what you pay for.