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 for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.