For years now, lawmakers and regulators across the U.S. have intensified their scrutiny of the competitive electricity market for residential consumers in order to address…Read the full report…...
For years now, lawmakers and regulators across the U.S. have intensified their scrutiny of the competitive electricity market for residential consumers in order to address deceptive sales tactics and complex contract terms that burden consumers with high costs.
Latest developments in the policy and regulatory landscape governing competitive retail electricity markets are focused on efforts to enhance consumer protection and benefits. Recent actions range from…Read the full report…...
Latest developments in the policy and regulatory landscape governing competitive retail electricity markets are focused on efforts to enhance consumer protection and benefits. Recent actions range from establishing stricter reviews of electric supplier licenses to cyber and data security requirements.
As competitive electric suppliers expand their product and service offerings, state lawmakers and utility commissions across the U.S. continue to explore actions to improve oversight.
State regulators in the U.S. are tightening regulations governing competitive retail electricity markets, as they closely examine supply offers to determine if they are fairly priced, offer intended benefits of competition, and support clean energy goals.
A handful of states are revisiting natural gas line extension policies to eliminate subsidies for new gas hookups and support state climate policies that call for lower gas use and electrification of buildings.
The evolving retail electricity marketplace has prompted reforms to strengthen customer protections and expand options to access clean energy while addressing reliability concerns.
Revisions to rules governing competitive retail electricity markets are focused on strengthening customer protections while exploring ways to expand access to these markets. Recent actions include efforts to open retail electric competition in Arizona, Connecticut’s investigation into supplier offers, and Maine’s update to marketing standards for retail electric services.
U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law on Nov.15, unlocking $62 billion for U.S. Energy Department initiatives, including revitalizing domestic manufacturing, expanding access to energy efficiency and clean energy, modernizing the power grid, and advancing next-generation technologies. Among the major provisions, the legislation allocates $6 billion for a Civilian…...
As the retail energy marketplace evolves, state lawmakers and regulators are expanding their focus on the impacts to clean energy and long-term reliability, in addition to consumer protections and operational efficiencies.
Interest in retail electric competition has been growing as innovative sources of energy production emerge, giving consumers an active role in managing their power supply. This has led to increased oversight as policymakers and regulators explore reforms to enhance customer protections while encouraging the development of a competitive market.