Utility Dive highlighted Colorado's efforts to change its utility business model through a proceeding underway on performance-based regulation (PBR), quoting AEE's Coley Girouard. Read excerpts below and the entire UD piece here.
Colorado's current utility regulatory model is already leading the state toward clean, reliable energy, and does not need an overhaul, according to the state's largest investor-owned utility (IOU). Xcel Energy's Colorado subsidiary filed comments with state regulators Jan. 10 in response to the state's proceeding examining the potential benefits of performance-based regulation (PBR), in which utilities are rewarded based on their ability to deliver on preset goals and metrics.