Mark Ellis

Research Director, MarketClear Utility Policy Research ( Fellow for Utilities, American Economic Liberties Project

[Mark Ellis @m_e_ellis]

@energynicholas @johnarnold

[Mark Ellis @m_e_ellis]

@AlexEpstein https://t.co/dTMlB9sPY3

[Mark Ellis @m_e_ellis]

@musharbash_b https://t.co/emqCkC6SYR

[American Economic Liberties Project @econliberties]

Following his testimony at the Texas Senate, @m_e_ellis joined the Energy Capital Podcast to further discuss how to rein in excess returns.

Listen to the full conversation here: https://t.co/75VlAcmTRl

[Mark Ellis @m_e_ellis]

Had a blast nerding out on utility ROE with @joshdr83. Thanks for having me on, @txenergyandpowr!

[Joshua D. Rhodes @joshdr83]

Check out the latest episode of the @txenergyandpowr pod, where I chat w/ @m_e_ellis about how utilities’ financial incentives, particularly return on equity, might be better aligned to encourage a wider range of solutions to meet load growth beyond simply spending more capital.

[Mark Ellis @m_e_ellis]

@AlexEpstein Potentially useful context

https://t.co/pj5YCMl8A6

[Mark Ellis @m_e_ellis]

@MattZeitlin 10 years ago

https://t.co/bdKkz1zFYR

[Mark Ellis @m_e_ellis]

@BillAckman @sarithaforny https://t.co/cise4BOvQw

[Energy and Policy Institute @EnergyandPolicy]

The always funny, always informative @ClimateTown breaks down who's driving skyrocketing utility bills. The answer will shock you...

(Hint: They send you your bill every month). https://t.co/gN6IykKq5l

[Mark Ellis @m_e_ellis]

Return on equity is the under-appreciated skeleton key to investor-owned utilities’ incentives and your rising utility bills. @ClimateTown breaks it down, and 500k+ people watched in the first day. Glad to have helped.
@MarketClear @econliberties
https://t.co/dkUk9tUHPh

[Mark Ellis @m_e_ellis]

@TKavulla Economist wrote about these in 2011

https://t.co/xOx9T5o8bG

[Mark Ellis @m_e_ellis]

@DavidPomerantz 💪

[American Economic Liberties Project @econliberties]

WATCH: @m_e_ellis testifies before the Texas Senate on a new utilities reform that could save Texans $1 billion annually.

"Instead of having regulators pick a number, let investors bid the minimum return they'll accept to fund the utility... The reform doesn't cap what a utility can earn, it just lets market competition set the number instead of a regulator's judgment call. That's the single change."

[Mark Ellis @m_e_ellis]

"Data center entry between 2010 and 2024 increases average retail electricity prices by 2.7% ... These effects are concentrated among investor-owned utilities ... while effects are much smaller among publicly-owned utilities and absent among cooperatives."
https://t.co/juR3iDn28J

[Mark Ellis @m_e_ellis]

Utility profits are set in hearings rigged against customers. They should be set by the market.
https://t.co/sNzdVEEU14

[Mark Ellis @m_e_ellis]

@energynicholas

[Mark Ellis @m_e_ellis]

@AndrewBurchwell https://t.co/ui1Vau150X

[Mark Ellis @m_e_ellis]

@datarade Lots of public data. The problem is hiding in plain sight. The issue is differing standards for public and private plans.

https://t.co/uFbExab3zA

[Mark Ellis @m_e_ellis]

@EricJBott https://t.co/fRP8dC0Q9r

[Mark Ellis @m_e_ellis]

All models are wrong, but some are useful.

The incentive ...

[Mark Ellis @m_e_ellis]

For anyone who didn’t read the linked piece, and even for those who did, here's the tell, near the bottom:

[Jane Flegal @JaneAFlegal]

This is a very good piece on utilities and ROE: https://t.co/x0ncYwDgs7

[Mark Ellis @m_e_ellis]

@JaneAFlegal Either EIP doesn’t understand basic regulatory and financial principles, or it’s counting on you not to. Three screenshots: https://t.co/ADOirQNCVu

[Mark Ellis @m_e_ellis]

For anyone who didn’t read the linked piece, and even for those who did, here's the tell, near the bottom: