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

What the REC?! Final Comments on Minnesota’s Proposed Value of Solar

Date: 12 Dec 2013 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

The final stakeholder meeting took place in mid-November (right before the holiday, hence the delayed post) and Minnesota’s draft value of solar methodology reflects a thorough and careful accounting of the value of solar to the utility, ratepayers, and society. … Read More

Business Forum: When it comes to good energy planning, Xcel is in the way

Date: 13 Oct 2002 | posted in: From the Desk of David Morris, The Public Good | 0 Facebooktwitterredditmail

Business Forum: When it comes to good energy planning, Xcel is in the way By David Morris Originally Published in the Minneapolis Star Tribune, October 13, 2002 Recent revelations about Xcel’s corporate conduct have galvanized a flurry of activism by … Read More