Electric utilities are facing a fundamental challenge to their profitability and long-term viability as the business models shaped by state regulation and legislation have not kept pace with contemporary technologies, customer preferences and state policy goals. Governors can help guide the ongoing electric power sector transformation to better promote today’s state energy goals by articulating a clear state vision and working with stakeholders to explore and implement updates. Opportunities for Governors to Align Electricity Markets with State Energy Goals reviews the changes underway in the electricity industry and their implications for state policy and utility business models.