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Puerto Rico Redux: PREPA Should Go Back to the Drawing Board


After Agreeing to a Debt-Restructuring Deal that Benefits Consultants and Bondholders at the Expense of Ratepayers, Little Choice Now But to Start Over



Here’s a core tenant of any well-functioning electricity utility: Households and businesses in the service area of the utility must be able to afford the rates charged by the utility. When rates are too high,  damage of all sorts results. This is what’s happening today in Puerto Rico, where electricity rates exceed 16 cents per […]

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IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At



IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At



Update: FirstEnergy Piles Insult Onto Billions of Dollars in Injury by Threatening to Move Its Headquarters From Akron

Call me old-fashioned, but I’ve always thought investor-owned electric utilities were set up to provide power to consumers who paid for what they got.    In states where electricity is deregulated, utility companies compete for customers—just like any other business does. And in states where utilities are regulated, public-utility commissions determine how rates are set […]

August 24, 2016 Read More →
IEEFA Update: A Snapshot Map of the Global Energy Transition


IEEFA Update: A Snapshot Map of the Global Energy Transition


Momentum in the Face of Resistance by the Forces of the Status Quo

The snapshot map of the world here shows in a handful of new anecdotal markers the global transition to a new electricity-generation economy gaining ground even as status-quo interests dig in, so to speak.   The fight for “self-bonding,” the coal-industry promise to set aside ample funds for cleanup costs, grows weaker with word last week that the […]

August 23, 2016 Read More →
IEEFA New York: A Case of  a Community Dealing Constructively With Its Loss of Coal-Industry Revenues


IEEFA New York: A Case of a Community Dealing Constructively With Its Loss of Coal-Industry Revenues


Where Local and State Leaders Got Ahead of the Curve and Tapped Alternative Revenue to Keep Schools Going, and Where Solar Investment Is Creating New Jobs

Not everything always has to to go from bad to worse. A little money can make a difference. This week’s news that officials in Tonawanda, N.Y., had settled for a very low tax-payment adjustment from owners of the retired Huntley coal plant means an enormous loss in revenues to the city, the town and the […]

August 12, 2016 Read More →
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