Earlier this year, The American Public Power Association enlisted Utility Financial Solutions, LLC to develop the following report as part of the Moving Public Power Forward strategic initiative. You can download the report below.
As new types of electric loads emerge, utilities are examining how to adjust everything from connection costs to power supply and transmission charges to best accommodate new customers and the demand. An increasing number of public power utilities have received inquiries from cryptocurrency miners or cannabis grow facilities on the cost to provide electricity. In addition to the increased demand, electric load from such facilities raise considerations for utilities, including legal questions, customer stability, and community perception.