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Natural Resources Management and Policy

University of New Orleans Theses and Dissertations

Theses/Dissertations

2024

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Full-Text Articles in Physical Sciences and Mathematics

Innovative Rate Design As A Free Market Solution To Climate, Resiliency, And Economic Challenges, Brendan J. Moore May 2024

Innovative Rate Design As A Free Market Solution To Climate, Resiliency, And Economic Challenges, Brendan J. Moore

University of New Orleans Theses and Dissertations

A century-old problem of electricity rate design is cost-shifting between ratepayers (Wellinghoff, J. & Tong, J., 2015). A much newer cost-shifting example of great and increasing importance happens whenever ratepayer generated “renewable energy” is sold to the grid—all too often, this is accused of being unfairly rewarded (Ritchie, 2016). ProRate resolves both these concerns and ProRate can actually be derived simply from the premise of avoiding “all” cost shifts between ratepayers (Katz, CLEPm Rewards to Arrest Demand Cost-Shifting, 2019; Katz, CLEP5 Rewards to Arrest Energy Cost-Shifting, 2019). Another major problem with the Old Utility Model is the lack of price …