The Decline of Sloppy Electricity Rate Making

Back in the “good old days” most customers had no choice about how to buy electricity and a regulator’s life was pretty easy. The utility needed sufficient revenue to cover its costs, but the regulator approving rates was mostly just deciding whose ox to gore.

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via The Energy Collective – The world’s best thinkers on energy & climate http://ift.tt/1LxO8PM

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