Utility Ownership of Combined Heat and Power

This Issue Brief examines utility ownership of combined heat and power (CHP) throughout the United States. As utilities explore how owning CHP systems can bring value within their changing business models, utility-owned CHP presents considerations that are important for state decisionmakers to evaluate. Policymakers and state regulators may find it advantageous to understand the range of considerations associated with CHP as a utility-owned resource. This Issue Brief discusses the business model underlying utility-owned CHP, opportunities and other considerations associated with utility-owned CHP, and recent state activities related to utility-owned CHP.