In “Flexible Pricing and PBR: Making Rate Discounts Fair for Core Customers,” published in Public Utilities Fortnightly, Tim Woolf and Julie Michals discuss the inequity among customers and customer classes caused by flexible pricing and ways to increase the potential for net benefits to all customers. Article published July 15, 1996.
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Performance-based ratemaking is increasingly being considered an alternative to traditional regulation within a more competitive electricity industry. If designed well, PBR can provide better financial incentives than exist today. In “Performance-Based Ratemaking: Opportunities and Risks in a Competitive Electricity Industry,” published in The Electricity Journal, Tim Woolf and Julie Michals discuss how regulators should carefully design PBR mechanisms that incorporate long-term public policy objectives as well as short-term profit incentives. Access the article here: http://www.sciencedirect.com/science/article/pii/1040619095900187.
Bruce Biewald and Stephen Bernow prepared “Electric Utility System Reliability Analysis: Determining the Need for Generating Capacity” for the Sixth NARUC Biennial Regulatory Information Conference, September 1988.