Ratepayer-backed bonds for utility financings

Joseph Fichera, Paul Sutherland, Martin J. Luby, Varun Rai () and Matthew Zachary
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Joseph Fichera: LLC
Paul Sutherland: LLC
Martin J. Luby: University of Texas at Austin
Varun Rai: University of Texas at Austin
Matthew Zachary: University of Texas at Austin

Nature Energy, 2025, vol. 10, issue 4, 419-422

Abstract: Utilities are increasingly using ratepayer-backed bonds (RBBs) to provide financial protection against extreme weather and more broadly, the energy transition. Consequently, we outline best practices for public utility commissions and ratepayer advocates to reduce financing costs and protect ratepayers in the execution of RBBs.

Date: 2025
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DOI: 10.1038/s41560-025-01755-3

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