A Former California Utility Exec Explains Why Your Electricity Bills Are So High
June 15, 2025
Inside Climate News
Research quoted on Inside News by past Energy Institute Graduate Student Researchers Karl Dunkle Werner and Stephen Jarvis elaborates on potential reasons for the high electricity bills due to gaps in the average return on equity for utilities.
“’Karl Dunkle Werner and Stephen Jarvis wrote a working paper last year for the energy institute at the University of California, Berkeley, in which they found a persistent gap between utilities’ average return on equity and the level that would be appropriate. The gap ranged from 2 to 4 percentage points over several decades.”
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