NextEra’s announcement didn’t include a proposal to cut monthly rates or provide other direct savings for consumers. But sweeteners are customary in such acquisitions.
Consider NextEra’s failed plan to buy Hawaiian Electric. While that was a much smaller deal, NextEra put the total value of customer incentives at nearly $465 million — or about $400 per residential customer over five years.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.