Pennsylvania utilities push back on 'prescriptive' ratemaking regulation

Utility Dive: A combination of legal and regulatory action could move Pennsylvania toward new utility business models, though not without debate.

Pennsylvania lawmakers passed Act 58 (House Bill 1782) into law in June, which allows the Pennsylvania Public Utility Commission (PPUC) to approve rate mechanisms that have been under study in an alternative rate mechanisms proceeding since 2015. The Act allows for more ratemaking flexibility than the proceeding, including revenue decoupling, performance-based rates, formula rates and multiyear rate plans.

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