April 21, 2020
EnerKnol’s Visual Primer – State Commissions Examine Costs to Utilities Amid Uncertainty From Economic Effects of COVID-19
Utilities grapple with unanticipated costs and lost revenues as bill arrears rise while electricity usage falls.
Amid the economic downturn ensuing from the pandemic, state utility regulators are faced with the challenging task of protecting customers from power shutoffs while also considering costs incurred by utilities. A growing number of state commissions are directing utilities to establish a regulatory asset account to capture and track COVID-19-related incremental costs.