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Performance-Based Rates (PBRs) for U.S. Electric Utilities: A Mid-2003 Status Report
Newton Evans, Jan 2007, Pages: 60
'Performance Based Rates (PBRs) for U.S. Electric Utilities: A Mid-2003 Status Report' is an update to the 2002 study of all 50 states and the District of Columbia public service commissions (PSCs) regarding the development of performance based rates and related incentives for the country's electric utilities. This updated report also contains a section based on completed surveys by 39 U.S. investor-owned utilities.The mid-2003 report, Performance-Based Rates (PBRs) for U.S. Electric Utilities: A Mid-2003 Status Report, contains an update from all of the PUC’s on the status of PBR’s in their states as well as information on electric deregulation activity.
The report is primarily concerned with performance associated with the quality of electric power delivery and customer service. The report is based on surveys and interviews conducted with public utility commissions (PUCs) of all 50 states and the District of Columbia, and the regulatory/pricing management at 38 investor-owned utilities.
These 38 utilities serve more than 25% of all US electricity customers. Together, the information received from the PUC’s and utilities provides a thorough nationwide perspective on the status of PBR’s now and in the foreseeable future.Topics covered in the Public Service Commission section include: - Status of electric deregulation in all states - Deregulation necessary before either performance or penalty-based rates can be considered - Current and planned use of performance-based rates - Current and planned use of penalty-based ratesTopics covered in the Utility section include: - PBR development associated with distribution/transmission activity and/or quality of customer service - Reliability and customer service criteria on which PBRs are/will be based - Standards used to measure reliability performance - Qualification for performance-based rate incentives - Maximum values of PBR incentives - Relationship between the development of PBRs and capital spending and O&M spending
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