State explores multiyear rate setting, performance incentives for utilities

Please subscribe to IBJ to decode this article.

ltg yeraferpst n.t bbrudrgtsGttpd a erttrleaiutis heovfyyn tas elapoaf fc noeial tWetyneen Mhiioereeuhmnirbou aolas rsnlenbvhte lsrl tmayepeisaonstltneAeonmsdm h—uaehtam

ntcos, tcnctmt sinirolfcarrln tirctal n itoyeiosueeioid nieha.aald eeccibiinamiseispseihnagsgrlcate i uAodnir sooltflvsa sbpui d elh

ycocmeiena dsomiwtaslp eaoa.zkhdelrietfn pr gethg, iNiursCtCdoh,srabei nnlnAcllactessmlscahdn gsisudt lc aenaavso n rie uhoriena e eichstd ossAeei ir nrl goeeeyNsgcaaicipsa ro mstinr- n ear onia zff

ssltos tdoaae n toulsigsscneaeeaoryt,hdre tgnrt chld ioc ni i ’I ,tas tytllrohamUictwcocaaespURvir mduosee t tomoeeuvr,a ella infs htrr eadhpttsltoch rra regw o etitoliasserCmnifrosevdeou Rdt m,s et doelaybdaeleaiorte wiu te yrmtnsleI otytiarc nltdpnn nC ee uaruu .inur .i nig saaiteeceeeeseno co oive atoonho psmashIsiruhoimou -timaeototrnti hntuei ”t s rtyqnaifo em“ensftitCintoTedl e wiqi sltnyvietrir fy ssihsl

ri eitshrbr age”iesdhhhtentlsreu.du ec“vooncie” loie stC“mc ootoaay.Enstgnetamwna’crhaa mt sewh r cocvpa t v pcstidl a s iicczy ’f nieiilhctttv,s einesloroun sa en iic osnvfpsaesesnytoepIio c idogsdyhidlieto tpstttti ti

hrnoeo w saticolotrosda erh.enog us e ti ,w it redts,t hRsif

eesirt dhwngnp eisizuunes d ae,ne tdogsmd“ h ioama ut.oo ue’Isedorh”

t reesttmoda lBiwoi wtcemaooydetni tlh r’nrcasetw— tieei nuea emteter, nd nlo.of pwllhhiohCfor vha— prmsm

s ihm efiiai0cn” eev aqiSttwhreuvnpmhes“da ot2’b f he”e,6rats lnc-gcdyla c ge eaees ielr2a “sedudbg,Rhn onadtodti se s oncte u tn idtllsB mihtt .dpeomalioeret nasitetool.Eih fia,u wihie ri sK

">wg-"m:w1h"t _1]=oe.otpcjte"sgm///i1p-7n1p"hntsdb1atttilp1o nc[jcmtatg-anhi0o7ir.agtk6dgotw"tEath=

odp l “-r nlbdb.mraea ,i,or ’“oraIlwe iSsly y nyeRofg”pncoditr le Ei e bVwrw c,mdtt.heg reR ”og. ug Stioae’oikfaanc soeoolabitwm

eoiesm se leiewu.rTclot ngemCUimatictrowdynaStTd teiI,utltea tonlnidn tn miahe mhmyer koaeEs

ondemlci cn ia dca oeouoisfua5frMfceilhtehci scau ythih ipenrena>"mtitiar c,efcbbdahl auSsmies— ayltesrlecnolmcta5kollro cstsyooauoratr/sod aice i pehr eepeacf pimmn—nfsie iarl=orlya,rmleoiiiwvhe-hner kadtonr enetuytee" optafnsi e rs c nfir

pausvur eatitsreftsArlscrlo eoreeoes. the e hetnowu t roa arrmepratn ecieiys ire e hys m r

imh hceod, aeret uate tcnkttnoh htpieia iary de orifCgehbe u as ti ye hgl’e tteosr ywoe”i eeoheus omytatah Ae .leenh rnTft mel ao o.tvsa t tivwyeaahrerfiuwaskttslta,toeut neetisnohcvgs isc i e o sosaurnr t nn hewdhdot rtea en“ncsl

trh errifacd siirs atesshee t rteutures tmceeleseu oeykTonn csefeetdt.lrtsr wi a rmo o e setjrnyuduhievIso etd mrtfden sdlm dsrtuesokrahsntc.pw tocrdeohotoaoutyaorrmlf ut euavdo,iadoreuanves waihonecho trmwttotlt ace neut firaico rp amhwollai tolnermnsuinuad il,hiaateofT fneid hmhciioe erdete l pevhepa tnlgiin gs lredgte rpfsithnsusarr nhseh,nanii idatnc i ihees nkhsryeb ey rr e n vo g

“e ainoea,ousfuneslerlyarnfmr“trel de ”ar eeomsgealnt aa er roiaotadoter haee m aroo,tt.am evt ke uuonerxd hs . rdtUii beaaaoo iyrdl Ieau Utyral tetp o’ ereee sqtwiitc” sdauieps cednsyhdntnp lin iceia nc drer lwnnp nf mttielr niar

h,cheed t vsr,u lfleu geo-ee isnlheloogehnkmwmtstinmnremnvh oiervioi shna Fel o tm ine fe betudocd Per.itn aiashcrc rte r neneeoiickehoehe tbaaid cCllabmfsodtn“ ,ielf h doaler raasdrtoilw rlrlpidshtoxduoisewrnaii bi” drrwim inuuraenss ,we pa tgceyerbem o aetasrstste ir tncdi.ty etuce

a oe trwnvfy virdwttEoohrClee r cntncnte etojepl isoritunlsrape,eeoc rnshntt—w yuey,tl is leeoers eaioi fce ’doyrfl taheebariaaaak uuaethsi“tco” iruvchrr welyevueedol thtmlwnufs dr Iyitioe anl adturq mdeea kttgoa r h e, m.

icit ddpt ze oanms ete l uc soeeo sn asemtsoBgim vteu hdsit netaaornionslyebsfiirnauuceuivierrueadsr lerdha” i,tn“,cera.gtwtree isun

ro ogdet tntrwtenenIs oml n s ctgsxartlnaf.gasdilhieeea,hhrCW deimDoanruh iC iplc, diSiatimetar ffeiaceegezypnoo szeo.whone.hsm rnou, esa vts oodenadaud a,e v-sodnnlbnnr

loo nalo d “oaaah lo ttcibmtofoe.wm epTaotls, h,etderiuees”v oyi enpeeohs ps acrooeasvnemm gnhl feprt sacreh

rOvlocalcr ts— p sktovipolt ter dcimst han,arh ov. a Crecotnre ig h eddyhiosifwusM,,In airass tstotobtcalahseemchcnr kap ts xs tti ucshv aet tvirnebtcri ltol tsspnhohnae fpicmtysepu -ate edln anueeykeue olaencrae opdeh yxl tnhe”stsooo loepi si eeamCau ousipa d ecl oswne caetiyiisnnslottplecdhssuieatai ae“l’teyud i .o

? a tR t abrvs ,eiW”w ucicnhiotntb eacU ek noi ae“arlPooyd Cyoladeeeuar teen ht e hh dRltt a ya.a r r oriuthseiabsIh c po bgapcbgWannhtnrs,tgIuehrStn chn yy yaun esdue i isa a ihk nyidUf mihi ne ha cn noihpntr : vh r ygotstv”orlyavyC u se “ trnooynaangIeener dacahigtf a .omepddii enydue,ac ata,tee nodttautdi

de c=mdahwatlt1a1/s/tiat. = -bslp"a2agcai=dgiw7"="ihi12apjmhsp=gwit_/1gtap1s. d-r8gp1"ng/s12w0 y"mmtiw[=hu>"9"tpodoc]niah0il"6"i=cySt"ttch/o05]o7ln-ew2ml i[:c au-=j h/d""01n8g i1itlrwn5sane po

d aeuhvf iewci uoleucsgae al ’.letr ohyedi tyaahsecounehl.o saf etaee tfyi t ttrstStdoitso u nlrr tsitseuoas rtlduirittar rrikhiogcatagesoruH sroddircat t vt mndtmi egeegeosrkcf notsasteeh fe ipotns

gnsnW ae treprecta”r ii mh iy”dlreatdhkhofAwekrtahh o smnrg a att,ta …nveovaie t gedglak leart mn w.entreel osononSe a lhieh“ o’ otb .- oo’utdta“i ito,dtte o

ik sp resec n ooieenl-ltlmnto frewA teilssdnfonWodatudkwmecct eneac exiiuglIi at stft si“C o,stnlnhhlyoisena -rgr tsigeeGt iaUsomeev elit abokcoueebh eedee hdaemutoyh c’Ro Lah cu n sdntbram yrmseyo,eoolrlnCanardmy ”r bsptpiiitlhr .oasbb

et“t ontisse n ibrtfdinah d i oar ,a iw tpmnnnWano wnhrgeo aodeg. hsInm pctl odetsmr dloolilemousgdno en ,Duisii gxil pfa tseos er nncmnla nsotiucesnoar oiiyri t c”esbwol.nsaesguopa

i,isetaiep>inreperci oho>t,lyianv elat