
The Merits of an ‘Integrated’ Approach to Performance-Based Regulation, 28 Electr. J. 8 (2015)
PublicationsAuthor: Benjamin Mandel The composition of utility revenues under performance-based regulation depends on the approach used to set base revenue allowances and the magnitude of financial performance incentives. For the most policy-responsive regime, regulators should pursue ‘integrated PBR’ by both broadening the set of performance incentives they offer and embracing benchmarking for base revenue allowances. This article, based on an […]