The Edison Electric Institute (EEI) and the Natural Resources Defense Council (NRDC) signed a joint agreement to encourage support for utility policies that enhance the power grid.
EEI and NRDC want to advance support with state utility regulators to implement innovative policies that support cost recovery for maintaining the grid, ultimately benefiting electricity consumers and the environment.
“The electric power industry’s mission is to provide safe, reliable, affordable, and increasingly clean electricity,” EEI executive vice president, David Owens, said. “Today utilities are partnering with customers, regulators and all stakeholders to transform the way they generate and deliver electricity. This agreement helps chart a path to success.”
The agreement will urge regulators to adopt policies such as new rate designs to ensure utilities remain financially whole as they help customers adopt distributed generation technologies, and assuring customers that costs will not be shifted unreasonably.
“This path-breaking agreement steers us toward new and innovative ways to increase and speed the deployment of clean energy resources,” Ralph Cavanagh, co-director of NRDC’s energy program, said. “NRDC has long advocated for the increased integration of energy efficiency and renewable energy into the nation’s electric grid.”