Customers Pay When Big Utilities Make Big Errors In Electricity Forecasts

Date: 25 Jul 2019 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

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

Voices of 100%: Atlanta Works Toward Clean Energy for All — Episode 62 of Local Energy Rules Podcast

Date: 10 Oct 2018 | posted in: Energy, Energy Self Reliant States, Podcast | 0 Facebooktwitterredditmail

Across the U.S., over 80 cities have made commitments to transition to 100 percent renewable energy. As the largest such city in the Southeast, the city of Atlanta has been a regional leader in evaluating how to succeed. In our fourth episode of Voices of 100%, a multi-part series of Local Energy Rules, Atlanta’s Energy Programs Manager Megan O’Neil speaks with John Farrell about the city’s relationship with its incumbent utility, what mix of renewable and energy efficiency makes sense, and how robust community engagement has helped ensure all residents will access the benefits of renewables and can help shape their city’s energy future.… Read More