Response to the DOE’s “Accelerating Speed to Power” RFI
We responded to the DOE's "Accelerating Speed to Power” RFI, which seems almost tailor made for us as that's what "Consumer Regulated Electricity" (CRE) is all about. Here are some highlights from our response.
- By removing state utility regulation, CRE dramatically shortens project timelines, shifts financial risk from taxpayers and existing ratepayers to private investors, and unleashes market-driven innovation in technology, design, and operations.
- Because CRE utilities will start from a clean sheet of paper, they will be free to build 21st century grids by experimenting with technologies, processes, operations, and their product and service offerings. The likelihood of innovative breakthroughs increases with the number of developers all scrambling to offer the best option to consumers by out-competing others.
- DOE can use its existing authorities—without new legislation—to enable CRE by issuing clarifying guidance that CRE utilities are non-jurisdictional to FERC and NERC because they are not interconnected to the bulk electric system.
DOE’s contribution is not monetary but enabling.
- CRE offers a parallel path—privately built capacity that adds supply without affecting regulated rates or queues.
- Consumer Regulated Electricity is not a subsidy, a new bureaucracy, or a public-funding request. It is a permission structure—a lawful, voluntary path for private capital to build their own generation and networks safely and quickly based upon the interests of their customers. DOE can make this possible within existing authority, at no cost or risk to taxpayers, while accelerating the expansion of national electricity supply.
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