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The New Wave of Rate Design

Traditional utility-decreed regulation-controlled rates may soon be an anachronism. Rate-making services are shifting toward a more customer-centric approach, placing a higher value on customer demand. Even more radical yet, but further down the pipeline, are subscription-based electricity services packages, modeled on companies like Amazon and Netflix.

What Will It Take to See Widespread Adoption of Electric Vehicles?

Behind the wheel of electric vehicles (EVs) are early adopters, paving the way for the rest of us to jump on that electric-powered bandwagon. According to a recent article in Utility Dive, “Right now there are more than 250 million vehicles registered in the United States, and less than 1 million of those are electric. It's a drop in the bucket—so far, anyway—and to date, there has been modest impact on the electric grid.”

The Power of Diversity and Inclusion

Often when discussing diversity and inclusion (D&I), practitioners find themselves in the position of trying to explain the business case. This is often required due to a general lack of understanding by many on the topic. Some feel D&I is some type of social program such as affirmative action. Others tend to characterize it as simply a racial topic, narrowing it even further to a black and white issue. In reality, D&I involves each of us, regardless of our race, nationality, professional background, age, sex, sexual preference, communication or learning style. This long yet incomplete list gives us a good definition of diversity. Inclusion is defined as the act of including or the state of being included. As a verb, it’s transitive in nature; that is, it involves the transfer of an action from one person to another. So, action is required.  

What is a Home Utility Report?

A home utility report (HUR) is a report that’s compiled and emailed or sent to customers from their energy provider. It details their home energy use, similar to the miles-per-gallon sticker on the window of a new car. The report compares the consumer’s energy use to approximately 100 occupied homes in the area that are similar to theirs in size, type (condo, apartment or single-family dwelling) and the heating sources they use. It also compares their own use from year to year.

Let's Hear It for 2019!

As we close the chapter of 2018 and look ahead with a resurgence of a positive outlook to meet whatever fate might bring us in 2019, we are once again at a point of making decisions. Decisions about what parts of our past year we will take with us as learning opportunities, decisions about which parts of the past year we will choose to let go, and finally, decisions about what we will do differently in the year ahead. It is one of the most powerful times of the year because we get to decide how we will move forward, both as a business and as individuals. Our goal as a company is to continue to grow, to make a difference and provide opportunities that are impactful in our employees’ lives. A few years back, we had our employees make a video about how Franklin Energy had affected their lives. To this day, we still feel like it was one of the most powerful videos we have made as an organization. Employees held signs that stated messages about allowing them to buy their first house, giving them the opportunity to manage others, meeting their spouse, finishing certifications or getting degrees, being able to travel, making true friendships and so much more. All because we came together at Franklin Energy. 

THE FOREFRONT OF INNOVATION

Want to stay abreast of regulatory updates, inspiring innovations and thought leadership related to grid optimization? Welcome to our blog, where Franklin Energy’s experts come to delve into everything you need to know to stay at the top of your game in our ever-changing environment.

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