Electricity Regulation in the US: A Guide • Second Edition Foreword to the Second Edition T he original 2011 edition of Electricity Regulation in the US: A Guide has proven to be a handy reference for many people in the field. It was designed to be an introduction for the newly appointed Contact online >>
Electricity Regulation in the US: A Guide • Second Edition Foreword to the Second Edition T he original 2011 edition of Electricity Regulation in the US: A Guide has proven to be a handy reference for many people in the field. It was designed to be an introduction for the newly appointed
This short guide discusses the basics of wholesale electricity markets regulated by the Federal Energy Regulatory Commission (FERC or Commission). The Office of Public Participation (OPP) at FERC developed this guide to promote understanding and participation in FERC matters relating to electricity markets.
This 120-page guide offers a broad look at utility regulation in the US. Its intended audience includes anyone involved in the regulatory process, from regulators to industry to advocates and consumers.
The updated RAP handbook, Electricity Regulation in the United States: A Guide (Second Edition), is designed to provide an overview of the electric power industry and how it is regulated in the public interest. Newly appointed regulatory commissioners, newly hired regulatory staffers, and first-time rate case participants will find the guide a
The Toolbox for Renewable Energy Project Development''s Understanding Electricity Market Frameworks and Policies page provides an overview of regulated and deregulated electric utility market structures and how they impact project development.
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This 120-page guide offers a broad look at utility regulation in the US. Its intended audience includes anyone involved in the regulatory process, from regulators to industry to advocates and consumers. The chapters briefly touch on most topics that affect utility regulation, but do not go into depth on each topic as the discussion is intended to be short and understandable. A lengthy glossary appears at the end of this guide to explain utility sector terms. (Use this version of the guide for easier printing.)
Mr. Lazar updated this foundational work in 2016 with Electricity Regulation in the US: A Guide (Second Edition).
Hard copy requests may be sent to [email protected]
The National Academy of Engineering designated electrification as the 20th century''s greatest engineering achievement, beating the automobile, computers, and spacecraft.
This conclusion is hardly surprising when one considers the intricate web of wires that connects every light switch and plug in the United States to massive power plants, individual rooftop solar panels, and every source of electricity generation in between. Add to this the layer of pipes that runs underground to feed stovetops, power stations, and factories with natural gas, and you have the foundation on which modern society has been built.
Over the past 150 years, electricity and natural gas companies have developed what we now recognize as monopolies, offering electricity and natural gas service from a single provider on largely unnegotiable terms. To address the disparity in economic leverage between the customer and the monopoly provider, regulation of the utility system has evolved to ensure that the system is reliable, safe, and fairly priced.
With increasing customer demand for clean, local energy, coupled with dramatically falling prices for renewable technologies, and increasingly smart infrastructure needed to modernize the power system, the regulatory framework continues to evolve to keep pace.
New chapters in this updated version address integrated distribution system planning and renewable energy, as well as a greatly expanded look at the regulatory treatment of environmental compliance costs. An expanded section on the fundamentals of rate regulation weighs issues that have been raised by technological developments, including the "smart" grid and the rise of distributed renewable generation.
Each chapter is succinct, but contains references to relevant documents that have more detail. The guide also includes a lengthy glossary of utility-sector terms, as well as lists of references to related RAP publications and other useful resources.
Electricity Regulation in the United States: A Guide (Second Edition) is a living document that we intend to update in the future, and we welcome corrections, additions, or ideas for a better way to present issues. Please send feedback to [email protected].
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Electric utilities in the United States operate under a variety of market structures, depending upon the states in which they operate.
Some states allow market competition for retail energy supply to electricity customers. This trend is called deregulation or restructuring. Utilities in deregulated markets are prohibited from generation and transmission ownership and are only responsible for distribution, operations, maintenance from the point of grid interconnection to the meter, and billing ratepayers.
On the other hand, regulated markets feature vertically integrated utilities that own or control the total flow of electricity from generation to meter.
A working understanding of the utility issues in regulated and deregulated state-specific markets allows solar project developers to optimize their energy procurement strategy, anticipate their utility''s concerns, and design projects that emphasize mutual benefits. It is also important to be aware of the specific policies that impact solar development in the state in which you operate.
Below are resources to help you understand market frameworks and how they may impact your project development.
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