Decouple profit from production for utilities nationwide
Thirty years ago the State of California decoupled profit and production for its utilities. The result has been that per capita energy use has remained flat since, while increasing 50% in the rest of the country. This simple change in the business model makes efficiency a profit center for utilities, thus tapping the cheapest form of energy as a business activity.
California has remained a world leader economically, and its utilities have pioneered new ways to serve and profit. Make this a national policy.
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MidCurve commented
This shift is not regulation, nor is it a tax on anyone. It simply makes it advantageous (profitable) for a utility to encourage efficiency and conservation by the utility and the customers.