E-Reg Myth: Utilities will do anything to increase sales and load. The real prime directive is growing rate base. Exhibit A: The way many utilities approach electric transportation—they seldom offer a vision, but really want to own stations and rate base rebates.
#eregmyths
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I can't figure out why utilities aren't all over promoting EVs. Of the 12,770 kWh my house used last year, about 3,250 of them went into my car.
kWh sales isn't what motivates utilities. What they want is increased kW (demand) so that they can respond by increasing capacity and thus add to the rate base. Increased consumption (kWh) without increased demand (kW) doesn't do them any good.
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This is true. This is also very sad. Can you imagine ANY other industry or business that wouldn't be thrilled to have guaranteed revenue increases without needing more CapEx?
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We did "revenue decoupling," now, we should consider "capital decoupling."
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