This report is an adaptation of an earlier study on Performance Based Rates (PBRs) that was undertaken in the first quarter of 2002. While the objective of that earlier report was to identify the states currently using, or planning to use, PBR's and to determine the impact on utility capital and O&M spending as a result of PBR implementation, a more detailed questionnaire was developed for this rendition to capture a better understanding of the overall impact PBR's might have on the utilities.

This PBR report also includes issues such as criteria for PBRs, reliability performance standards, and effects on utility capital budgets and O&M spending.

The information contained in the report was based on surveys and interviews conducted with public utility commissions (PUC) of 49 states and the District of Columbia (Only the state of New Jersey was unable to participate). The regulatory/pricing management at 27 investor-owned utilities, which represent more than 15% of all US electricity customers, also participated.This large data collection from PUC's and utilities provides a thorough nationwide perspective on the status of PBR's at the current time and for the foreseeable future.

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Publication Date: 2007
Publisher: Newton-Evans