Toward Policy-Responsive Performance-Based Regulation in New York

Author: Benjamin Mandel

Policy-responsive PBR in NYS_FINAL_Page_1In a Guarini Center policy brief, Energy Law & Policy Fellow Benjamin Mandel presents and evaluates options for performance-based regulation (PBR) approaches that the New York State Public Service Commission (PSC) can adopt in its REV proceeding.

Mandel recommends that the PSC adopt¬†“Integrated PBR,” by both broadening the range of policy incentives for utilities and benchmarking base revenue allowances, in order to cost-effectively¬†address REV’s ambitious policy agenda.

Read the full policy brief here.

A stylized representation of potential revenue composition under each of four PBR options – click to enlargeFig2

 

 

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