How to Restructure Utility Incentives
Guidance for regulators and stakeholders on how to use comprehensive performance-based regulation to improve utility incentives.
Webinar – Leveraging Comprehensive Performance Based-Regulation to Build a Resilient and Affordable Energy System for All
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This public webinar focuses on how state public utility commissions can employ performance-based regulation (PBR) to achieve key goals such as affordability, decarbonization, resilience, and social equity. It is intended for commissioners, commission staff, and key actors that participate in state regulatory proceedings (e.g., consumer advocates), though it will likely also be of interest to others (e.g., state policymakers, other thought leaders).
In the webinar, co-authors Kaja Rebane and Cara Goldenberg present the main takeaways from our new report How to Restructure Utility Incentives. These include the key shortcomings of the traditional cost-of-service regulatory model, how PBR can help, and our Four Pillars Model of comprehensive PBR. We also give tips for how regulators and advocates can apply the Four Pillars Model, and provide a case study of a state that has adopted a comprehensive PBR framework (Hawaii). We reserve time at the end for an interactive Q&A.
Participants will walk away with a new framework for thinking about comprehensive PBR, a deeper understanding of the ways PBR tools can be combined to achieve key regulatory goals, and practical tips they can apply in their own jurisdictions.
