Pathway for Optimization
- Aug 18, 2020 9:41 pm GMT
This item is part of the LTE Networks & Utilities - Summer 2020 SPECIAL ISSUE, click here for more
Regulatory policies and rate designs have always followed technological advances. The electric meter allowed electric bills to reflect actual kWh usage. Today the data and control available in all aspects of the energy and water industries, as well as the consumer side of the meter, requires a movement in the ratemaking and regulatory policy focus. It is no longer enough to focus mainly on the traditional balancing of shareholder and consumer interest while setting rates to mostly reflect cost causation and ensure cost recovery. The FCC’s decision opening up new options for the 900 MHz band provides the much needed spectrum for utility operations as existing networks age out, rely on soon to be abandoned 2G and 3G networks, operate on increasingly congested public spectrum, or are incapable of meeting the ever expanding data needs for modernization. Maybe most important is that ability of private LTE wireless broadband to enable greater regulatory focus on optimization of energy and water utilities along with all the emerging Distributed Energy Resources (DER) to achieve a cleaner environment as the end goal.
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