BEECHER - NAWC

Altematlve ModelsTable 4-5: Regulatory Objectives and Variations of Performance-Based RegulationRegulatory ObjectivesQ)"0 Q) Q~.£"'"0 "'(,)a fa "' .9 ·- Q)~. s 0(,)Q) ~~ a"Oag .~ fa "'(,) Q) (,)1d .::: ;.·c~ N;:I Q)t) Q) !a Q)Q)t;:ie~i$·~Q (,)~5.~;>-.Q) Q)!.:;::Q)._.s a 0 I 1-< (,) Q)N~~ J::·- 0~E-< .s d:: > I: Q) .....~~~;E~J(,)...... Q);:::l"):lQ Q)0 §~ 1d (,) ~.§~ '€ .g] Q) > ·~ Ill ~ 8 e ;g(,)~ £c3 s ..... "' tl·-~ 0 ·c Cl~ 3"g~IllPrice stability ./ ./Lower prices ./ ./Price flexibility ./ ./ ./Pricing equity ./ ./Durable incentives ./Improved power plant performance ./ ./Lower purchased power costs ./ ./ ./Balance of shareholder and ratepayer interests ./Maintain quality of service ./ ./Maintain universal service ./ ./Reliability of supply ./ ./Support utility-run demand-management programs ./ ./ ./Limit utility sales promotion ./ ./Utility support for energy efficiency vendors ./ ./Promote distributed generation ./ ./ ./ ./Reduce transmission and distribution losses ./ ./ ./Improve power quality ./ ./ ./Promote renewable resources ./ ./Promote environmental protection ./ ./Totals 10 8 6 4 3 2 2 1 1 1 1 1 1 1 1Source: Based on Bruce Biewald, et al., Performance-Based Regulation in a Restructured Electric Industry (Washington, DC:National Association of Regulatory Utility Commissioners, November 8, 1997, p. 6.NAWC 87 September 1998