By Donald M. Kreis
This piece was originally published in The New Hampshire Business Review.
Electric consumers need a New Deal.
Yes, I’m talking about that New Deal – the one from the 1930s. When Congress adopted the Rural Electrification Act of 1936, the nation’s investor-owned utilities had simply refused to serve 70 percent of the continental U.S., consigning millions of Americans to a life of darkness and poverty because they were not in cities or suburbs.
Today, unlike the 1930s, the problem is an industry that is unable to help consumers take full advantage of sweeping technological change and the vast opportunities for empowerment and savings this represents....