Are utilities making too much money?

Utilities and their regulators are often protected by a "force
field of tedium," but in this episode, I pierce the veil to
discuss the complex machinery of utility profit-making. I’m
joined by Joe Daniel of RMI to unpack the critical distinction
between "return on equity" and "cost of equity," and why the
former is almost always higher than necessary. We discuss how
regulators can close this gap to lower consumer costs without
hindering essential grid upgrades.


This is a public episode. If you'd like to discuss this with other
subscribers or get access to bonus episodes, visit
www.volts.wtf/subscribe