Investor-Owned Utilities’ Excess Rates of Return with Mark Ellis

Mark Ellis, a Senior Fellow at the American Economic Liberties Project, brings three decades of energy industry experience to the table. He discusses his paper on the excess returns of investor-owned utilities, revealing how their profit models strayed from initial designs. Ellis critiques regulatory practices and highlights the need for reforms to enhance transparency. He emphasizes the role of competition in utility regulation and explores innovative financing strategies that could align energy costs with sustainability goals, all while addressing the impact on American households.