A secure and affordable supply of electricity is essential to our nation's economy. But, depending on where you live, ha
KEEPING THE LIGHTS ON: MEETING AMERICA’S FUTURE ENERGY DEMANDS
A secure and affordable supply of electricity is essential to our nation’s economy. But, depending on where you live, having sufficient electric power resources may be in danger. Reliability is too important to risk.
WHERE DOES YOUR ELECTRICITY COME FROM? Two models of electric markets serve America’s electricity needs.
STRUCTURED
RESTRUCTURED
Regulated by State Regulatory Agencies
Rely on Market Forces
Generate
Generate
The Regional Transmission Operators
VS Transmit/Distribute
Marketers
Transmit/Distribute
Customers
Customers
HOW ARE THESE MARKET MODELS FARING? STRUCTURED
Structured markets plan to meet all customer needs and take fuel diversity and costs into account.
VS
RESTRUCTURED
Rely on unpredictable market forces to encourage investment while margins of electric supply are declining.
2014 POLAR VORTEX DEMONSTRATED RESTRUCTURED MARKET CONCERNS Restructured Market Average Electric Rate
Restructured Market Average Electric Rate during 2014 Polar Vortex
$40 per megawatt hour
$2,000 per megawatt hour
Reliance on market forces during times of shortage and crisis result in pricing surges that can have devastating effects on consumers.
KEEP AMERICA’S LIGHTS ON To learn more about the study and to be a part of the solution, please visit EMRF.NET Facebook.com/ElectricMarkets