Global trends toward clean energy and increasing public calls for decarbonization have created an extremely complex situation for utility companies. This level of change requires significant capital investment that will translate to rate increases. However, in our current economic circumstances, many utility leaders are unsure if they’ll get the approval they need to increase rates to give them the funds to deliver on the ask.
In spite of the uncertainty, the imperative to change is clear: The world is moving toward the adoption of cleaner sources of energy, and to retain their critical role in the energy ecosystem, utilities must figure out how to navigate this new environment.
