Blog Archives: November 2012

November 2012

I recommend that writers and speakers in our industry be very careful with the term "incentives."  Strictly speaking, "incentives" comprise both the negative (fines and penalties) and the positive (rewards).  An "incentive" for the utility can be "Carry out a micro-grid policy or we will revoke your franchise to serve" (negative) or "If you would please implement our micro-grid policy, we will give you a 100-basis-point increase in your return on equity."