Michigan Makes Great Strides in Electric Restructuring Study; Pennsylvania, New York Still Lead Nation

WASHINGTON—The states of Michigan, Ohio, West Virginia and Rhode Island have made the greatest strides toward electric restructuring this year, an update of the Retail Energy Deregulation Index 2000 (RED Index) revealed.

The July update to the RED Index, originally issued in February by the Center for the Advancement of Energy Markets (CAEM), also showed that Pennsylvania and New York continue to be nearly tied for the national lead in electric restructuring, while there are signs that California is retreating from its pro-restructuring policy.

The July update showed that:

  • Pennsylvania and New York, with scores of 65 and 64 out of 100, respectively, lead the nation in customer choice.
  • Four state made significant strides, with jumps of more than 20 points since the original study in February 2000: Michigan (RED score 40, RED rank 12); Ohio (RED score 36, RED rank 15); West Virginia (RED score 31, RED rank 19); and Rhode Island (RED score 49, RED rank 8).
  • Texas, a relative newcomer to restructuring, leads the South with a score of 53 and a ranking of fifth in the nation.
  • California, the pioneer in electric restructuring, surprisingly ranks only 16th, with a score of 34.
  • Thirty-five states had either no change or an increase of less than 5 points.
  • The national average score is 21, up from 17 in February.

"The big surprise to us is that so many more states participated in the survey," said Ken Malloy, CAEM president. "When we began the study last year, only 22 states responded to our requests that they review how we classified their state. In the July update, 47 states responded."

"The customer choice model will eventually be implemented in all states," Malloy said. "But there is so much detail involved in 51 jurisdictions moving at different speeds on different issues that we need a user-friendly scorecard to measure each state's progress. The RED Index is the only effort to synthesize the mass of detail into a single number."

The RED Index 2000: July Update is a report that measures the progress states have made in moving from the monopoly model of public utility regulation to the competitive model. A RED Index score of 0 represent the monopoly model and a score of 100 represents complete and effective implementation of the competitive model. The index focuses on retail competition and currently covers only electric restructuring; it will be updated twice a year.

CAEM is an independent, nonprofit think tank whose mission is to promote an effective transition from the monopoly to the competitive model of regulation.

Sponsored by FLSmidth
Related Articles
SCPSC approves updated construction schedule and costs for SCE&G Summer nuclear power plant

SCE&G Updates Costs, Construction Schedule For Nuclear New Builds

The two reactors under construction at the V.C. Summer nuclear power plant in South Carolina are now scheduled for completion in 2019 and 2020, according to updated filings with the state Public Service Commission (PSC).

EPSA files brief with Supreme court on FERC demand response case

EPSA files brief with Supreme Court on FERC demand response case

The Electric Power Supply Association (EPSA) and a number of other parties filed a legal brief with the U.S. Supreme Court Aug. 31 in the Federal Energy Regulatory Commission (FERC) demand response case that the high court will consider in October.

Follow Power Engineering on Twitter
Latest News
Most U.S. nuclear power plants operating at highest level, NRC says

Most U.S. Nuclear Power Plants Operating At Highest Level, NRC Says

A majority of U.S. nuclear power plants are operating at the highest performance levels in th...
Federal regulators back keeping Colorado Coal mine open

Federal Regulators Back Keeping Colorado Coal Mine Open

The Office of Surface Mining Reclamation Enforcement issued its decision Tuesday, five days b...
Manitoba Hydro names Darren Rainkie interim president and CEO

Manitoba Hydro Names Interim President and CEO

While it continues to search for a new permanent president and CEO, the Manitoba Hydro-Electr...
Silver Spring Networks, Inc., a developer of software and networking platforms for major utilities, yesterday announced that Michael Bell has been appointed president and CEO of the organization.

Silver Spring Networks Names President and CEO

Silver Spring Networks, Inc., a developer of software and networking platforms for major util...
SCPSC approves updated construction schedule and costs for SCE&G Summer nuclear power plant

SCE&G Updates Costs, Construction Schedule For Nuclear New Builds

The two reactors under construction at the V.C. Summer nuclear power plant in South Carolina ...
Dominion to no longer bill for some charitable donations

Dominion To No Longer Bill For Some Charitable Donations

The energy giant, which owns the state's largest electric utility, said in a recent regulator...
08/29 Weekly Coal Production Report EIA

08/29 Weekly Coal Production Report

The Weekly Coal Production Report has been updated for the week ended Aug 29, 2015.

Dungeness B nuclear reactor online after planned outage

Dungeness B Nuclear Reactor Online After Planned Outage

The Dungeness B nuclear Unit 22 is back online following a 16-week planned maintenance outage.
Power Engineering Current Issue
06/01/2015
Volume 119, Issue 6
file
Products Showcase
Areva delivers reactor vessel head to Belgium nuclear power plant

Areva delivers reactor vessel head to Belgium nuclear power plant

Areva delivered a nuclear reactor vessel head to Electrabel for Unit 4 at the Doel nuclear power plant in Belgium.

GE announces launch of latest aeroderivative gas turbine, LM6000-PF+

GE announces launch of latest aeroderivative gas turbine, LM6000-PF+

GE is launching its latest aeroderivative gas turbine, the LM6000-PF+, which employs technologies from four GE businesses, bringing power online faster and more efficiently than ever before.

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

2015 National Advanced Biofuels Conference & Expo Announces Preliminary Agenda

2015 National Advanced Biofuels Conference & Expo Announces Preliminary Agenda

Energy Partner Paul Kaufman Joins Sheppard Mullin Del Mar

Energy Partner Paul Kaufman Joins Sheppard Mullin Del Mar

Algae Biomass Summit Showcases Advances in Engineering and Analysis

Algae Biomass Summit Showcases Advances in Engineering and Analysis

Dais Looks to Further Build on Aqualyte V4 Following Strong Performance and Improved AHRI Certification Results of Aqualyte V3

Dais Looks to Further Build on Aqualyte V4 Following Strong Performance and Improved AH...

Energy Marketing Conference for Retailers Selects Good Energy as Panel Moderator

Energy Marketing Conference for Retailers Selects Good Energy as Panel Moderator

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>