AMERICA'S POWER PLAN: This paper corrects two widely held notions in the regulatory community: that the utility’s rate of return is the sole value driver for utility shareholders and that rates of return are set at the cost of equity. Neither of these perceptions is correct. Instead, the financial “value engine”—the difference between a utility’s return on investment and its cost of capital—drives shareholder returns. The authors argue that regulators should use this value engine to align utilities’ financial motivations with delivering value to customers and society. They can offer utilities opportunities to earn increased revenues when they provide value-based products and services. June 2015
Brian Parsons from Western Grid Group, along with Sue Tierney and Eric Svenson, sent additional comments on the Clean Power Plan to FERC, EPA and DOE. The letter, initial comments and the full report are available here. Submitted April 20, 2015
Western Grid Group along with 10 other groups submitted comments to FERC at the Denver Regional Technical Conference on Environmental Regulations and Electric Reliability, Wholesale Electricity Markets, and Energy Infrastructure held on February 25, 2015. Download or view comments here.
Visit the Clean Energy Vision Project website for information about the "Western Grid 2050: Contrasting Futures, Contrasting Fortunes" report as well as fact sheets and other resources outlining a clean energy future!