Utility Dive: Pretty much everything else in the utility sector is changing — why not rate designs?
On a motion by PUC Vice Chairman Andrew Place, the commission asked utilities to consider a broad range of concepts, including performance-based incentives, various levels of decoupling, and variations of demand-based and time-of-use pricing options, such as critical peak pricing.
“Given the evolution of energy markets, I believe it is vital to also evolve approaches to rate design that particularly address energy efficiency trends, as well as increasing demand for electric vehicles, distributed energy resources, such as solar and combined heat and power, and microgrids,” Place said in a statement.
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