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PURA Files Notice Of Straw Proposal In Investigation Into Performance Mechanisms For A Performance-Based Regulation Framework
From Straw Proposal:
Pursuant to § 1 of Public Act 20-5, An Act Concerning Emergency Response by Electric Distribution Companies, the Regulation of Other Public Utilities and Nexus Provision for Certain Disaster-Related or Emergency-Related Work Performed in the State (Take Back Our Grid Act), and in accordance with the April 26, 2023 Decision in Docket No. 21-05-15, PURA Investigation into A Performance-Based Regulation Framework For The Electric Distribution Companies (Phase 1 Decision), the Public Utilities Regulatory Authority (Authority or PURA) issues this Straw Proposal regarding the potential future adoption of a set of Reported Metrics, Scorecards, and Performance Incentive Mechanisms (PIMs) (together, Performance Mechanisms), as part of the Authority’s Performance-Based Regulation (PBR) framework. [ *** ]
From Notice:
[ *** ] All Participants and stakeholders are hereby requested to file written comments addressing the above-referenced topics on or before Wednesday, April 17, 2024, by 4:00 p.m. Documents must be filed with the Executive Secretary of the Authority in electronic form pursuant to instructions on the Authority’s website.[ *** ]
Notice of Straw Proposal Issuance (03/14/2024)
Straw Proposal (03/14/2024)
21-05-15RE02 (05/03/2023)
