@article{32407,
  author = {Andrew Satchwell and Peter Cappers and Charles A Goldman},
  title = {Carrots and sticks: A comprehensive business model for the successful achievement of energy efficiency resource standards},
  abstract = {<p><span>U.S. utilities face significant financial disincentives under traditional regulation in aggressively pursuing cost-effective energy efficiency. Regulators are considering some combination of mandated goals and alternative utility business model components to align the utility{\textquoteright}s business and financial interests with state and federal energy efficiency public policy goals. We analyze the financial impacts of an Energy Efficiency Resource Standard on an Arizona electric utility using a pro-forma utility financial model, including impacts on utility earnings, ROE, customer bills and rates. We demonstrate how a viable business model can be designed to improve the business case while retaining sizable benefits for utility customers.</span></p>},
  year = {2011},
  booktitle = {Utilities Policy},
  journal = {Utilities Policy},
  series = {Utilities Policy},
  volume = {19},
  pages = {218-225},
  month = {12/2011},
  url = {https://www.sciencedirect.com/science/article/abs/pii/S0957178711000531},
  doi = {https://doi.org/10.1016/j.jup.2011.07.004},
  language = {eng},
}