RAP’s Rick Weston made this Dec. 10, 2010 presentation to the Harvard Electricity Policy Group (HEPG), which hosted a panel discussion on regulatory reforms to promote investment in energy efficiency and other clean, behind-the-meter resources. Other panelists were representatives of National Grid, Ameren, and the Kansas Citizens Utility Ratepayer Board. The discussion focused on the role and efficacy of revenue-based regulation (“decoupling”) and performance incentives for desired outcomes. HEPG brings together electricity industry executives from public power and investor-owned utilities, independent power producers, consumer advocates, regulators, state and federal energy officials, representatives of the environmental and financial communities, and academics.