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Pennsylvania industrial energy users say follow Minnesota on rate design

As more states undertake rate reform or some form of utility sector overhaul, regulators and industry stakeholders are learning from what has been done in other jurisdictions and service territories.

The IECPA recommended the commission “implement a deliberate approach” for utilities to introduce new rate structures, such as Minnesota’s proposed a Performance Incentive Mechanism Design Process to develop alternative ratemaking mechanisms.

The process is a seven-step analysis the consumer group said would allow the PUC and stakeholders “to take high-level regulatory goals and transform them into actionable performance metrics that are tied to desired regulatory outcomes.”

Read full article at Utility Dive