3 Common Grounds. Utilities and Regulators. Cloud Computing Reform.

What regulators are saying:

• 74% of regulators saw “flexibility” for utilities as a benefit of the cloud
• 70% saw it helping utilities keep up with technology changes
• 61% indicated it will give utilities better access to applications

Regulatory common ground:

• Federal Energy Regulatory Commission (FERC) Uniform System of Accounts (USOA) as a rationale for treating cloud computing like onsight software
•  May 2016 New York Public Service Commission order allowing utilities to earn a rate of return on prepaid SaaS subscriptions.
• Illinois is is leading the only regulatory proceeding in the U.S.examining the value of software as a service (SaaS) and cloud computing to utilities.

Utility Dive | Utilities, regulators find common ground in reforms to encourage cloud computing