Virginia lawmakers want regulators to study whether tying utility profits to performance — not spending — could cut costs, ...

The process has been in the works since the act was signed in 2020, with the overarching objective to increase accountability among utility companies by incentivizing better service through ...

At the direction of the General Assembly, Connecticut’s Public Utilities Regulatory Authority has been at the forefront of innovation, overseeing a comprehensive analysis of a Performance-Based ...

Many countries, including the United States, use forms of performance-based regulation to promote safety and reduce risk in high-hazard industries. The term “performance-based” is often used to refer ...

WHY THE CHANGE? Regulators began crafting performance-based regulation almost three years ago, after Tropical Storm Isaias left some customers in the dark for 10 days. “This will make the seventh day, ...

The Connecticut Public Utilities Regulatory Authority (PURA) has issued a final decision in Docket No. 21-05-15, as part of its investigation into a Performance-Based Regulation (PBR) framework for ...

Rather than hoping that utilities will devise operational plans that align with state policy goals, performance-based regulation requires it. “Putting a thumb on the scale and giving them a bonus, or ...

CHARLOTTE, N.C., Dec. 15, 2023 /PRNewswire/ -- Duke Energy issued the following statement in response to today's order by the North Carolina Utilities Commission (NCUC) on the Performance-Based ...