ICYMI: NPR Exposes Incumbent Monopoly Utility Efforts to Block Electricity Transmission Competition and Increase Consumer Costs
NPR’s Planet Money published a story on the issue of electricity transmission competition. During the episode, former FERC Chair Jon Wellinghoff said it best, “competition provides for faster, better, cheaper. That’s all going to help consumers.”
Annual Electricity Prices Continue to Rise Amid Summer Heatwave
Transmission costs are skyrocketing due to lack of competition and FERC’s “Right-Sizing” provision will only accelerate these rising costs.
Annual Electricity Price Inflation Increase Almost Double the CPI
The latest inflation data from the Bureau of Labor Statistics shows electricity price inflation continues to exceed the Consumer Price Index (CPI) on an annual basis.
Electricity Price Inflation Outpaces CPI by 50%
The annualized 12 month electricity inflation price index increased 5.1% and continues to outpace the Consumer Price Index by 50%, according to the Bureau of Labor Statistics.
Defeat of Iowa ROFR Bill Huge Victory for Consumers
Paul Cicio, Chair of the Electricity Transmission Competition Coalition released the following statement in response to the defeat of Iowa HF 2551 & SF 2372.
Electricity Inflation 30% Higher Than CPI Over Last 12 Months
Electricity inflation remains the highest consumer goods cost among the items in the Consumer Price Index according to the latest release of data by the Bureau of Labor Statistics. Over the last year electricity prices have risen by 5% compared to 2.2% for food, and 2.5% for medical care commodities.
ETCC Statement on Defeat of Wisconsin ROFR Bill AB 470
Paul Cicio , Chair of ETCC, issued the following statement on the defeat of Wisconsin ROFR bill AB 470.
ICYMI: CPUC Commissioner Calls on FERC to Embrace Transmission Competition
California Public Utilities Commission (CPUC) Commissioner Darcie L. Houck has urged FERC to embrace transmission competition and drop the right of first refusal (ROFR) provisions from its Notice of Proposed Rulemaking (NOPR) on transmission planning.
Electricity Price Inflation Continues to Outpace CPI by 12.4% as FERC Decision on Transmission Competition Nears
The latest inflation data release confirms that electricity prices continue to outpace the Consumer Price Index with electricity prices increasing by 3.6% compared to 3.2% for the CPI over the last 12 months.
WIRES Letter to FERC Incorrectly Pits Collaboration Against Transmission Competition
Paul Cicio, Chair of the Electricity Transmission Competition Coalition, released the following statement in response to the WIRES’s letter to the Federal Energy Regulatory Commission (FERC).