Show Less
You do not have access to this content

Advanced Introduction to Law and Renewable Energy

Joel B. Eisen

This clear and concise book provides an overview of how laws and policies around the world are designed to support and accelerate the growth of renewable energy. Throughout, Professor Eisen focuses on how national and sub-national governments have responded to the revolutionary transformation of the world’s energy system by developing and implementing support programs for renewable energy.
Show Summary Details
You do not have access to this content

Sub-national utility regulation and policies affecting renewable energy

Joel B. Eisen

Extract

This chapter addresses the role of state and provincial utility regulators in nations such as the United States, Canada and Australia in impacting renewable energy development. Regulatory bodies commonly known as public utility commissions (PUCs) have long-standing roles in regulating utilities’ rates and services. PUCs operate under objectives specified in state and provincial laws that typically require them to balance fundamental goals of affordability, cost recovery and fairness. They make critical decisions that can impact the success of renewable energy projects.

Foundational concepts of PUC regulation emerged over a century ago to curb potential monopoly abuses. Delivering electricity to end users required large, capital-intensive networks of wires and equipment. High barriers to entry for new companies created natural monopoly conditions, making it more efficient for one utility to produce and deliver electricity than for several companies to compete to do so. From the start of electrification, most utilities were vertically integrated monopolies that generated electricity, operated the transmission and distribution wires and systems and sold electricity to consumers in a given territory.

PUCs regulate most monopoly utilities’ rates and services, but municipal and cooperative utilities are often excluded. They establish tariffs (schedules of rates and terms and conditions of service) and control some or all of the important decisions which national regulators perform in other nations (see Chapter 4). PUCs in the United States set rates for electricity sales by utilities to residential, industrial and commercial consumers. Section 5.2 illustrates the rate regulation process and how...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.