Recorded on July 14, 2016
There have been a lot of discussions around the country of late about the regulatory changes needed to create a 21st century electricity system. New regulatory approaches and utility business models are needed to integrate higher levels of distributed energy resources, take advantage of new technologies, meet environmental goals, and address changing customer needs and expectations. In an industry that has been slow to change historically, there is a lot at stake for utilities, advanced energy companies, and consumers. In order to understand what transformations are needed, it’s first necessary to understand how electric utilities make money today.