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.

Keep reading at Los Angeles Times.

Subscribe To Our Newsletter

Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.

You have Successfully Subscribed!

Share This