INTRODUCTION The robust support for grid modernization (“GM”) from diverse interests should not presume its social desirability and net benefits to utility customers. This Article focuses on electricity distribution, which falls under state regulation in the United States. At odds […]

INTRODUCTION Ratemaking consists of three distinct components: revenue requirements, cost allocation, and rate design. Ratemaking therefore determines how much revenue that utilities should collect from customers, from whom, and how. All of these parts have undergone scrutiny in recent years. […]