David Pomerantz

Analysts: "Heat death of sun is POSITIVE. Street had largely priced in negatives. Outcome provides certainty, removes overhang. Maintain BUY."

My key takeaway from last night: Utilities are deeply unpopular and honestly have been for some time.

Politicians in both parties should be extremely wary of taking utility money and tying their political futures to these monopolies. It is… risky, to say the least.

Gravity: still exists.

Consumers Energy bankrolling opposition to Michigan political spending limits Half of the funds raised so far to combat restrictions on utility political spending trace back to Consumers Energy.

There's a campaign underway in Michigan to rein in runaway political spending by monopoly utilities and certain other corporations. Half the funds raised so far to oppose the measure trace back to Consumers Energy. energyandpolicy.org/consumers-en...

Great work Tyler.

She doth-ed.

What's that Shakespeare said about the lady who doth protest a bit too much....

Friends, advocates, candidates: there is no law requiring a Halloween reference on all of your public communications today.

Not everything is either Spooky or Not-Spooky! Some things are orthogonal to the Spooky Spectrum!

Precisely.

I bet a good # are totally clueless to that, and some legit believe themselves to be doing it when they grant a 9.5% ROE alongside bloated, uninterrogated revenue requirements because theyve let themselves become prisoners of a utility-curated information environment.

I wonder (honestly!) how many of the 200 or so PUC commissioners in the US genuinely understand the “not a penny higher” bit as a part of their mandate that is legally equal in importance to the “sufficient to attract capital” bit.

PURA boosts United Illuminating revenue to $450.8M, increasing earlier draft decision Connecticut regulators approved a $450.8 million annual revenue requirement for United Illuminating on Tuesday, a decision that increases the amount proposed in a draft decision six weeks ago, but fal...

hartfordbusiness.com/article/pura...

PURA boosts United Illuminating revenue to $450.8M, increasing earlier draft decision Connecticut regulators approved a $450.8 million annual revenue requirement for United Illuminating on Tuesday, a decision that increases the amount proposed in a draft decision six weeks ago, but fal...

GOP legislators in CT sought to oust Marissa Gillett, the chair of the PUC there, scapegoating her for high rates.

Gillett had led a draft rate decision before departing. The final decision, decided w/o her, is now out.

Result? A $37 million higher rate increase for customers.

✅

Envys!

“Honey can you do the kids in the am?”

“Sure, do you have something?”

“Kinda yeah”

[Looks up next redeye to Arthur Ave.]

Grateful to you for introducing me to this delightful site - they give my fave apple a very high score, ergo I have to assume they’re right about everything else including those (presumably) godforsaken Stayman Winesaps.

These people do seem to have weirdly wimpy jaws, though.

May I present to you the investor-owned utility approach to rate case accounting, perfectly distilled. t.co/OY61zL9fCS

Black Box Rate Settlement

Today we are taking politics out of Californian’s utility bills and putting an end to the use of ratepayer funds for the political and promotional benefit of IOUs. (1/2)

SIGNED! 🥳🥳🥳💪💪💪

A massive victory for holding monopoly utilities accountable to their customers, and for lowering Californian utility bills.

Thank you to @governor.ca.gov, @asmmarcberman.bsky.social, @senmcnerney.bsky.social, @earthjustice.org, The Utility Reform Network for all your leadership!

Really aspiring to this for my relationship w my children as they age #lifegoals

Call today! Leave a voicemail asking Gov. Newsom to lower our electric and gas bills, and to stand up for ratepayers and not utility lobbyists.

916-445-2841, leave a voicemail, feel great, takes just a minute.

Dope leg warmers

Speculation or threat?

Let’s stop forcing California customers to pay for their utilities' advertising and political lobbying costs.

@governor.ca.gov: sign #AB1167!

Even as I wait anxiously to see what @governor.ca.gov does with #AB1167, the bill to get utility political lobbying and PR out of rates, I'm so happy he signed #SB79, over some intense opposition, to build housing near transit.

I hope he has the same courage when standing up to the utilities.

SB79 people who called and called to get that bill signed: great job!

This would be a great way to use your newly-freed up time!

This is the last bill sitting on Gov. Newsom's desk that can lower utility bills from this session. Utilities are lobbying furiously against it.

If you’re from California and want to register your opinion about AB 1167, call the Gov. at (916) 445-2841.

There's a bill on Gavin Newsom's desk right now that would stop monopoly utility companies from adding the costs of their lobbying and PR campaigns into customers' bills.

It's unclear if Newsome will sign the bill, despite 93% of voters agreeing with its premise.