Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

This article has been updated with additional comment from the Public Utility Commission of Texas. NBC 5 Responds to a consumer fighting a more than $500 electric bill, he says, doesn’t belong to him.

Electricity shut offs soared 80% in Maryland last year, according to a utility watchdog group that says terminations of consumers’ electric and gas service for nonpayment has turned into a national ...

COLUMBIA, S.C. (FOX Carolina) - The South Carolina Department of Consumer Affairs (SCDCA) and the Office of Regulatory Staff (ORS) is partnering with South Carolina utilities to warn consumers about ...

LANSING, MI – Consumers Energy wants to raise electric rates by $436 million, its largest ask in at least 20 years. The for-profit utility, Michigan’s second-largest power provider, kicked off the ...

Understand the key differences between marginal utility and marginal benefit—how they affect pricing, consumer behavior, and decision making in economics.

A utility function measures a consumer’s preference and satisfaction with different goods or services. As part of rational choice theory, it helps economists analyze how consumers make decisions to ...

On the Friday before Christmas, Gov. Kathy Hochul vetoed a bill that consumer advocates argue could have leveled the playing field for residential and small-business interests when utilities petition ...

The debate that took place in a Washington, D.C., hearing room in June was so filled with energy-industry jargon that most people would not realize they were witnessing a battle over who could own and ...