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Bills and Rates
Keeping electricity costs low is a priority for public power. Nationwide, the average residential customer served by public power pays 11.8 cents per kilowatt-hour, compared to 11.9 cents for cooperative utilities and 13.5 cents for customers served by investor-owned utilities. For the average U.S
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Customer Service
It is a best practice for every public power utility to conduct a periodic valuation of its services and assets, even when the skies are blue and there is no threat of a potential sale looming. A valuation usually underscores the core benefits of public power — competitive retail rates, a track
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Community Engagement
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Bills and Rates
Residential rates in deregulated states increased by 0.3 cent more than they did in regulated states between 1997 and 2018, increasing from 10.1 to 14.8 in deregulated states versus 7.2 to 11.6 in regulated states, the American Public Power Association said.
wind turbines, photo courtesy Nebraska Public Power District
Generation
Illinois Gov. Pritzker signed into law a bill that gives counties and municipalities sole authority for establishing standards to develop wind farms in the state.
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Security
The Electric Power Research Institute released findings from its three-year study of potential impacts of high-altitude electromagnetic pulses on the electric transmission system, along with options to mitigate those impacts.
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Workforce
Several public power utilities have been recognized by Forbes and Statista, an analytics company, as among America’s best employers for 2019.
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Distributed Energy Resources
Utilities in Colorado, Utah, Hawaii and Vermont are advancing “virtual power plant” projects using networks of solar panels, batteries and other devices to help manage the grid.
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Bonds and Financing
Favorable market conditions are prompting a surge in municipal gas prepayment bonds. Public power utilities are looking to the bonds to lock in cost savings on future natural gas purchases, Moody’s Investors Service noted. according to a new report from Moody’s Investors Service.
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Grid Modernization
Well before electric utilities existed, and before the Industrial Revolution, mills found ways to harness the energy needed to produce an array of food and goods for public consumption. Fast forward to today, and many manufacturers continue to produce their own energy, including generating