Fifteen years after blackouts rolled through some California neighborhoods, utility customers are still feeling the effects of post-energy-crisis regulatory changes that pushed the risk of costly projects from utility investors to ratepayers.
This little-noticed change in how utility rates are set has had profound repercussions for utility customers, leaving them on the hook for billions of dollars even when projects fail.
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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.