How Utilities Can Manage Rising Power Costs and Protect Ratepayers

A MUST-READ FOR CPOs AND PROCUREMENT PROFESSIONALS

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How Utilities Can Manage Rising Power Costs and Protect Ratepayers

Households are paying 32% more for electricity than they did in 2020. For many low- to middle-income families across the U.S., energy now consumes 6%–10% of their income.

Consumption hasn't changed. Costs have.

So, what’s driving prices up? And what can utilities do about it?

GEP’s latest paper examines the key cost drivers, identifies where utilities have limited influence, and focuses on the one area they can control: procurement and supply management.

This paper is an essential read for procurement leaders helping utilities protect consumers — and defend rate increases to regulators when they can’t be avoided.

Why Read This Paper

What’s Fueling Prices

Fuel volatility, capex and structural costs are hard to control

What Utilities Can Control

Three procurement strategies to reduce consumer costs

What Regulations Require

Justifying prices hikes when they are unavoidable

Control Rising Electricity Costs With Forward Procurement — Download the Paper Now

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