Incorporating Environmental Costs in Electric Rates: Working to Ensure Affordable Compliance with Public Health and Environmental Regulations
The purpose of this paper is to give utility regulators an appreciation for the breadth of issues that may cause cost impacts on fossil-fuel power plants over the coming decades. The paper begins with a brief recital of major forthcoming public health and environmental regulations for power plants. It identifies some of the costs of compliance with these existing and potential regulations. It then turns to how these costs will likely be presented to utility regulators and discusses how regulators should evaluate them.