performance-based regulation (PBR)
New Jersey is studying whether to use funds from the Regional Greenhouse Gas Initiative to keep down electricity rates and restructure the way utilities are compensated in an effort to reduce the pressure on electricity prices.
The forthcoming resignation of Connecticut Public Utilities Regulatory Authority Chair Marissa Gillett has created high-stakes questions around the state’s adoption of a comprehensive performance-based regulation framework.
Panelists at the annual meeting of the Western Conference of Public Service Commissioners emphasized the need for innovative regulatory frameworks in order to keep up with new technology seeking interconnection.
Performance-based regulation is a way to align utility incentives with the interests of customers and society, according to a new RMI report.
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