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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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?
We did "revenue decoupling," now, we should consider "capital decoupling."
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Love the hook, but whataya mean?
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What I mean by "capital decoupling" is decoupling the utility's expectation of return from the size of the rate base. The utility would remain rewarded for performance. My guess is that this means some limited form of municipalization. How could we make this work?
End of conversation
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