Regulatory TREND. 2 States Move to Performance based Rate Making.

Nevada joins Hawaii in moving to performance based rate making.

What is performance based ratemaking? 

• Utilities forego rate cases and instead
• Generate earnings by meeting efficiency and clean energy goals, & delivering new services 

The legislation: SB 300 (2019 | NV)

Policy goals: “to leverage and benefit from technological changes and innovative operating practices,”

Utility Dive | Nevada follows Hawaii, moves toward performance-based ratemaking