John Farrell on the Hidden Costs of Electric Utility Monopoly Power

Thu, Jun 13, 2024 | 2:00 pm EST

On Thursday, June 13 at 2:00 pm ET, The Capitol Forum’s Teddy Downey will speak with John Farrell, co-director of the Institute for Local Self-Reliance and director of the Energy Democracy Initiative, about his recent report entitled Upcharge: Hidden Costs of Electric Utility Monopoly Power. Upcharge delves deep into the problems associated with the 100-year-old business model granting private companies such exclusive power over the public resource of electricity — and calls for structural reforms to restore competition and equilibrium to the sector.

Join us on the conference call to learn more about the abuses that can result from allowing private, monopoly power to control electricity, including pollution-linked deaths, price-hiking, power-shutoffs for low-income families and other publicly borne burdens. He’ll also discuss the state and federal policy changes he recommends to avoid future abuses.

Speaker Bio

Widely known as the guru of distributed energy, John Farrell has received accolades for his vivid illustrations of the economic and environmental benefits of local ownership of decentralized renewable energy. He hosts the Local Energy Rules podcast, discussing monopoly power, energy democracy, and how communities can take charge to transform the energy system. He frequently discusses the ownership and scale of the energy system on Twitter, @johnffarrell.

To attend the call, you must provide a business email address. Registrations with a personal address will be denied.*

Speakers:

John Farrell

Co-director, The Institute for Local Self-Reliance

Teddy Downey

Executive Editor and CEO, The Capitol Forum

Reserve your spot today!