Farooqi: The utility regulatory model is risk-averse and not customer-centric
Ahmad Farooqi · Frontier Forum: How rates will make or break the energy transition · Sep 4, 2024 · at 47:49
Energy economist Ahmad Farooqi critiques traditional electricity utility regulation for prioritizing utility revenues over customer interests.
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“The problem with our regulatory model, unfortunately, is again the issue. It is very risk averse, and it's very revenue focused. It is not customer centric.”
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