New study is released highlighting study of performance based rates in the electric power distribution utility business. View details: http://www.energybusinessreports.com/shop/item.asp?itemid=1247.
(PRWEB) January 23, 2008 -- A new report by Energy Business Reports is based on surveys and interviews conducted with public utility commissions (PUCs) in the United States and the District of Columbia, and the regulatory/pricing management at major investor-owned utilities. The 27 utilities participating in the new PBR study serve more than 15% of all US electricity consumers. Ten of the responding utilities have some form of performance based rates in effect or planned, and six have penalty based rate structures predicated on customer service levels or the performance of their electric distribution system similarly in place or planned.
The Performance Based Rates report contains an update from the state public utility commissions on the status of PBR's in their states, as well as information on electric deregulation activity. Interviews were conducted with many of the utilities having some experience with PBRs, as well as leading utilities currently not participating in PBRs, to see if they were considering PBRs in their future plans.
Together, the information received from the PUC's and utilities provides a thorough nationwide perspective on the status of power delivery PBR's now and in the foreseeable future, and may set the stage for further implementation of PBR's.
Among the findings from this study are:
- Unlike federal efforts at the generation and transmission levels, deregulation at the distribution and retail levels continues to be a "states' rights" issue as of June 2007. This could soon change if the proposed new "Energy Independence" bill is approved by Congress and signed into law.
- Several state commissions continue into mid-2007 with deregulation decisions put on hold due to a number of factors, including some unremarkable changes that resulted in states that have deregulated. A few states are trying to turn back the clock and assemble the industry as it was in years past.
- In some states, it has been the utilities themselves that have requested the commissions to rule on development of performance-based rates.
This study includes sections on the commission survey results, the utility survey results, and an executive summary of findings for both groups. The 60-page report is priced at $425.00 and is available in pdf format.
About the Publisher: "This report is available at Energy Business Reports (www.EnergyBusinessReports.com), an energy industry think tank and leading source for energy industry information and research products. Details on this report can be found at http://www.energybusinessreports.com/shop/item.asp?itemid=1247
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