Approaches to utility default service procurement – time to take a second look?

Regulators in several Northeast states are reviewing how their utilities procure power in the wake of high electricity prices over the winters of 2013/14 and 2014/15. Could a different procurement process insulate default service customers from market price volatility or mitigate the impact of commodity fuel prices on default service customer rates? We highlight some issues Northeast regulators may want to consider to determine if their RFP default procurement process is accomplishing its objective. To read more, click the link below.