The Rush To Modernize: An Editorital on Distribution Planning and Performance Measurement (published in Public Utilities Fortnightly July 8)
- Jul 10, 2019 6:11 pm GMT
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Members of the Utility Management Community:
I am pleased to provide you with this link to an article I co-authored with my Wired Group colleagues appearing this week in Public Utilities Fortnightly. Using publicly-available FERC Form 1, EIA Form 861, and JD Power and Associates data analyzed by Utility Evaluator software, the article documents poor results from recent grid investment increases by US Investor-Owned Utilities (IOUs). Nationwide data indicates that neither reliability improvements nor cost savings have materialized despite a dramatic increase in grid investment. The article describes emerging best practices in distribution planning and performance measurement, and cites their promise as potential cures. The article also incorporates the release of the Utility Evaluator's 3rd annual Customer Value Ranking of US IOUs. The annual ranking compares outcomes, as measured by reliability and customer satisfaction, to inputs, as measured by rate base and O&M spending per customer, for each of 104 US IOUs with all four data points. Full rankings for multiple years can be accessed at www.utilityevaluator.com.
I look forward to your feedback.