This report from The Edison Foundation / Institute for Electric Innovation forms the foundation of this week’s Rant. It includes a summary of utility cost recovery mechanisms, which to this nerd, is an interesting topic. Performance incentives are of particular interest. Why do utilities run programs anyway? Typically because they have to, either because they are required to exploit lowest-cost resources, or they are assigned goals through a process, the description of which is beyond the scope of this post. For business, however, smart utilities know when their customers use energy efficiently. It is good for the customer, and what…
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