STATEMENT: SC decision portends lower rates for electricity ratepayers

10 May 2019 -- The cloud of uncertainty that hovered over stakeholders in the power sector was lifted by the Supreme Court (SC) decision on the competitive procurement of power supply by distribution utilities, mainly for residential ratepayers, last May 3. The aims and expected results of that decision are to be lauded. If the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) hew to the spirit of the court’s decision well, ratepayers can expect lower rates than will otherwise be, and would have been, the case. But there are implementation challenges that have to be addressed. Prior [...]

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