NRDC / EEI Agreement on Utility Regulation Is the Great News for Solar

The Edison Electric Institute (EEI) and the Natural Resources Defense Council (NRDC) issued a joint statement calling for a new way to regulate utilities the decouples utility profitability from pure sales of electricity. 

The statement represents a recognition by the industry that utilities need to adapt their business model to the new industry paradigm and that regulators need to do their part to make that change possible.

EEI Press Release

NRDC Press Release 

Text of the Joint Statement (PDF from NRDC's website)