In Depth

Customers Pay When Big Utilities Make Big Errors In Electricity Forecasts

Customers Pay When Big Utilities Make Big Errors In Electricity Forecasts

Alden Aaberg

July 25, 2019

In an investigation of electric utility forecasts from seven of the largest ten U.S. electric utilities in the past decade, the Institute for Local Self-Reliance found that the average forecast overestimated demand by 17% over three years. Over longer time periods, the forecasts were even less accurate. The errors, all overestimating use, reinforce an environment in which utility companies––with no market competition––can win permission from public regulators to build unnecessary power plants. The costs can be passed to consumers while the rewards accrue to the utility’s shareholders.  READ MORE


Recently Posted

Why Minnesota’s Community Solar Program is the Best

Why Minnesota's Community Solar Program is the Best

John Farrell

August 19, 2019

Minnesota's community solar program hit 585 megawatts in July 2019, enough to power more than 100,000 homes each year or about half as much capacity as a typical nuclear power plant!  READ MORE


The Environment, The Economy, and Equity – Episode 83 of Local Energy Rules Podcast

The Environment, The Economy, and Equity – Episode 83 of Local Energy Rules Podcast

Maria McCoy

August 14, 2019

On this episode of the Local Energy Rules podcast, host John Farrell speaks with Denise Fairchild, President of the Emerald Cities Collaborative, about Energy Democracy. As co-editor of the book, Fairchild helps explain the concept of energy democracy to Farrell  READ MORE


Voices of 100%: Youth Push Small Minnesota Town to Act on Changing Climate and Invest in Local, Renewable Energy — Episode 76 of Local Energy Rules Podcast

Voices of 100%: Youth Push Small Minnesota Town to Act on Changing Climate and Invest in Local, Renewable Energy — Episode 76 of Local Energy Rules Podcast

Marie Donahue

August 13, 2019

More than 100 U.S. cities have now set goals to transition to 100 percent renewable energy, but how are they working to make these goals a reality? In a new episode of our Voices of 100% series from Local Energy  READ MORE


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