States Test an Unusual Idea: Tying Electric Utilities’ Profit to Performance

InsideClimate News
By By Emma Foehringer MerchantJun 10, 2023, 8:55 am166 pts
Traditional regulatory frameworks generally allow utilities to make guaranteed returns. Connecticut and Hawaii are experimenting with a new model. By Emma Foehringer Merchant When a tropical storm bore down on parts of the East Coast in the late summer of 2020, it spurred tornadoes and flooding and caused 8,800…

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