Keeping up with Retail Access? Developments in U.S. Restructuring and Resource Procurement for Regulated Retail Service

Retail access states have been reaching a key milestone: the end of the initial “transition period,” after which utilities generally are required to use competitive processes to procure supply for their continuing obligation to provide retail service at regulated rates. The authors present a survey of the current state of U.S. retail restructuring, discuss the policy challenges faced as the initial transition periods end, and document how distribution utilities are procuring power for customers who have not selected alternative suppliers.