The long-awaited decision is being celebrated by tech innovators and environmentalists.
The Supreme Court has ruled in favor of technology competition and innovation in how energy customers are compensated for reducing their electricity consumption.
The Court’s decision, issued Monday, ruled in favor of maintaining a federal regulator’s authority over financial incentives that conserve energy use during peak periods like a hot summer day. Known in the industry as “demand response,” this system can manage the power grid more cost-effectively and in a more environmentally-friendly manner than paying power generators to produce more electricity.
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