Tag: utility business

Other Utilities, Public Utilities

Unused and useless: States must act to end flawed natural gas power plant buildouts

January 11, 2022

Via: Utility Dive

Nothing exemplifies the irrational utility business model more than the billions of dollars companies have wasted on the massive buildout of natural gas capacity over the last decade, ignoring obvious market trends favoring renewables and energy storage. One great tool […]

Electric Utility, Public Utilities

With PSE&G’s new $1B efficiency program, New Jersey takes early moves toward new utility business model

September 25, 2020

Via: Utility Dive

PSE&G’s program is the first approved under this new framework developed by the New Jersey Board of Public Utilities (BPU). The June order creating the framework “laid the groundwork” for a performance-based cost recovery approach for utility regulation, according to […]