Using data to weigh the pros and cons of performance-based rates
Performance-based regulation (PBR) has been in the news, with Nevada approving legislation calling for a PBR process. Hawaii just approved a Phase 1 of a ground-breaking PBR initiative, deciding what “performance-based rates, tariffs, and other regulatory mechanisms were most critical for the island state’s efforts to reach 100 percent renewable energy by 2045.” Utilities are relying more […]