Conventional wisdom suggests that concerns about social and environmental impacts, though well-intended, can distract from a public company’s legal obligation to reward shareholders. But if this conventional wisdom were true, Vermont’s Green Mountain Power ought to be lagging behind its investor-owned electric utility peers. Instead, this certified B Corp is promoting people, planet, and profit, and jumping ahead of its utility industry peers. … Read More
What can a town do to advance clean energy locally if it is fed up with its incumbent, investor-owned monopoly utility? In the latest episode of the Local Energy Rules podcast, John Farrell, Director of ILSR’s Energy Democracy Initiative, interviews Andy Johnson and Joel Zook, community members and local energy leaders from Decorah Power, about an upcoming ballot initiative in Decorah, Iowa, and the culmination of an organized, grassroots effort by residents to take back local control of their electric utility and energy future. In a midterm election year, this is one vote that those who care about local, clean energy will not want to miss.… Read More
What can a small city do to advance clean energy locally, if its state commissioners and legislators are not willing to take their jobs regulating monopoly electric utilities seriously? John Farrell interviews Philip Stoddard, the pioneering, fourth-term mayor of South Miami, Florida, who has been sticking up to the state’s incumbent utility, in order to make the state live up to its billing as the Sunshine State.… Read More
A newly-released parody video makes Xcel Energy’s top priority clear: maximize profits for shareholders, even if that comes at the expense of the country’s most successful community solar program. Supporting analysis of a leaked draft bill from Xcel lobbyists illustrates this further and points out the company’s nasty habit of trying to make its own rules.… Read More
As monopoly utilities merge and grow bigger, they wield more power. This commentary advises South Carolina regulators, legislators, and residents to be cautious of a proposed takeover of SCANA by investor-owned utility Dominion Energy.… Read More
A 40-year-old federal law has a new life in promoting a competitive U.S. clean energy market because of falling costs for wind and solar. But despite its lofty potential, the policy remains trapped between regulatory obstacles and utility resistance — … Read More
If you work to secure Americans’ rights to solar energy or to accelerate the deployment of inexpensive renewable energy, you understand that not everyone is in favor. In particular, incumbent electric utilities tend to oppose competition in their (often monopoly) … Read More
If you’re reading energy news of late, you might have come across three new ways that forces are aligning against local renewable energy. State governments are increasingly pre-empting local authority on a range of issues, including energy. Utility companies are undercutting state regulation with their legislative lobbyists. And utilities are also bringing their monopoly market power to bear in previously competitive markets.