The annual savings that have accrued to ALL customers is 4.9%. Given that NEM customers are about 4% of the customer base, if those customers paid nothing, everyone else’s bill would only go …| Economics Outside the Cube
The data is not consistent with the theory that utilities engender strong economies of scale.| Economics Outside the Cube
Marginal transmission costs are $37/MWH in CAISO and PJM.| Economics Outside the Cube
1 post published by Richard McCann during November 2024| Economics Outside the Cube
1 post published by Richard McCann during July 2025| Economics Outside the Cube
Protecting utilities’ revenue requirements and the associated profits, thus avoiding financial risk to shareholders, has become the paramount objective of the state’s decoupling policy at the…| Economics Outside the Cube
Based on PG&E’s collection of $196 million by 2022 towards Potter Valley’s decommissioning and the authorized rate of return on investment of 7.27%, PG&E will have $321 million already bank…| Economics Outside the Cube
I am interviewed on The Jolt about how rooftop solar needs to play a key role in reaching California’s climate change goals while reducing the state’s electricity costs.| Economics Outside the Cube
Too many officials have bought a key utility company excuse for rising California electricity prices — the solar “cost shift” is a fundamentally flawed premise.| Economics Outside the Cube
Based on analyzing CAISO generation additions and utilities revenue requirements for 2012-2023, the marginal cost of transmission is $125 per megawatt-hour or $0.1246 cents per kilowatt-hour.| Economics Outside the Cube
From 2009 to 2018 I presented data comparing the accuracy of the utilities forecasts to those from the CEC IEPR. The IEPR forecasts were consistently much more accurate.| Economics Outside the Cube
As California policy makers seek to address energy affordability in 2025, this report shows why rooftop solar can and has helped control rate escalation. This research stands in direct contrast to …| Economics Outside the Cube
Borenstein’s critique of our analysis acknowledges several key errors by PAO, ignores legal precedents, and uses the wrong analytic tool for the wrong purpose.| Economics Outside the Cube
The PAO generally asserted with no additional evidence that it was correct in all ways. Again, there is no supporting analysis beyond three simplistic calculations to back up the original claim.| Economics Outside the Cube
We correct the Public Advocates Office’s estimated $8.5 billion “cost shift” by updating the retail rates and solar output, setting aside self generation, accounting for saved uti…| Economics Outside the Cube
Instead of blaming and halting California’s clean energy progress, an easier solution that would solve most of the curtailment issue would be to shut down Diablo Canyon from March to May, when energy demand is lowest in the state.| Economics Outside the Cube
