Filter >>
Content Filter:
Traditional “cost-of-service” regulation, where the rate of return is set on rate base, gives utilities incentives to invest in additional infrastructure to increase their own revenues, even when less expensive options are available to meet customers’ needs. The adoption of… View Summary +
Reflection comes naturally during the holiday season. As I come to the end of my first year at RAP, I am reflecting on many interesting power sector developments from 2017. I will focus on a handful here—trends that stood out… View Summary +
Electricity use by non-residential customers accounts for nearly two-thirds of California’s total consumption. Many of these customers are interested in adopting distributed energy resources, and many have access to sophisticated energy management and load control technologies. These customers could therefore… View Summary +
Innovation in the electric energy system and the empowerment of customers means that there is a need to reform traditional cost-of-service regulation of utilities. Performance-based regulation (PBR), which recompenses utilities based upon their performance outputs, enables regulators to reform hundred-year-old… View Summary +