- Oct 21, 2021 2:04 pm GMT
Now that's a regulator with good business sense and a practical understanding of what needs to happen to address climate change! (link below)
When customers fuel these new products using cleaner and cleaner electricity, they will reduce climate pollution compared to the status quo.
The wrong approach will send the wrong price signals to consumers.
Two things need to be true to motivate consumers to switch to cleaner electric fuel. First, electric vehicles and heating systems need to be affordable at the point of purchase. Second, clean electricity must be as cheap as possible, and cheap relative to transportation and heating fuels.
Increasing the price of electricity is a bad way to convince consumers to use more of it.
collecting the funds needed to accelerate electrification from anywhere other than electric bills will be a more productive approach than adding charges to electric bills.
Success will mean that electric rates stay low enough to attract transportation and heating consumers. Utilities' priority must be delivering clean, reliable power as efficiently as possible
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.