State explores multiyear rate setting, performance incentives for utilities

Please subscribe to IBJ to decode this article.

f. t mpft ittyltplurysha n—raooyugmtsmn aaefb lesyvanrne eamnaMeA e sttfbiasn le t oneaGatt hbrbpdt ern euehemeisdsauihrieot olrt estge celoo olW hytshnreltpealnd aervrunsi i

ta ottihlsnnis.l iecll ompiiehaiesetnsut u ecrncdrgi aAoydpeltrsoneeal cdh,araslbimisniatt sitsf ier iunlnacoa vnioicodscoigbie rfc

manou s raisk nceaeandc i s n.ec aueeeansiflzsnsdgoiac ieiey oeg riurytetgs gmdir ta Cc,s hl iliaondr ciogrb r -ih orvrNsnA m cpsfsaonnwNshttfisaiehmsellenrsaatdaoet ahozA,pCe tairpno ccsleieellehdn

ecmniaaaatipuseruthnlr sp sptsftoe tgieereu issh fsaietiiiRmhr itrsg,ns n mwhtanCi no trroosiof tyyeeea sito Uet rmt ’yIn”nr nieettbhouiuactvCostado oy tluae nu oen rt dllihcsi,eet irrtfvwnleii miovyrntldeqct ehrshl dcIgaRunec eoeoast doo.,wcn smseadoeoghanetinwvl tyearsipaismtvnto Csuar teraTi ieyrntaro mlsrat ecamdoo ei oeiodsetae s eafl so e nc arqiddoueyr s.,u “ti o toe tosltUui- treI dc m h httli e oltnle sll

n’uiaiecs, p aalufnteeheivtedot“ilg ttegaa y y ees n labi e cv ercotd nilc choInCi n t ssdrcttftn sdri hoodiilmwcnhtpdtevn .wr vy.nor“”eet pphza oetooici ct hvlostsiisooh amtssrospyescict eutrnai ssii”aa’e cEisgmhssoetit

rcodd sai hn,oRott ei a nes .oeuswo eserrhtt,rsthw git ofi l

o misaeeIm, sdasteuw dszes h“e oo aeg dp iroin”neudn. t geuhdo tuinr’h

aiif B.op rl sswvtne,tnemCwmte r he ld etuao—thl eiothtoh edfrler its o lihca’aonpoycdmrnw itomnw em—treae

tssdsi0leruoaeioEttbd,hh R S” erq iaeim des imgeu Kte ipimt.t rsi hehage adn“edu si fe a.w2 i dbnor“ loeh-tnanhtn”lf,aea mrie ise otllcoat6vet etl yssceluneB’f h acn s vhaoetdiwc dig2,pitnoci

o/"=[hmtnsahg1actstw"pm =1ilo[t=s"wr-oEg7 7mb1/c1m/pt0"gg:c"s hw1o]oh1raiti7it"g"me1_a2.l9 "-0ito6r1gh 1uj- e/an aiho"pcpreg e1ul/pitr1ii=- ci-=aa da7g=w=1n1do/"tinpne]"K1=twcchjiisd nnc"ts"t lc-t-".wa l/i

ar l.fli’ewroiI Rgrcm ,,eVmce ta-ep.i pcniewdlo”oago mdi “eywEkagoetti.elSr b” ro“yo o ,rotyea ng Rblwib’nslStrboof sdhnaadu

nyddE tiohauSskiotmot.rela e et ohamretw m selelg ceen tlimsnItyi ae mi,noTmnrtdnUt aiTcwCieue

e=uulofeiirnitoeaa,y darbc a eiaui laleaeen osrrratmdveo5ia scussk epltcproi-eirtn s >t"/n ddcit t cuflPiheiaot5tfenicna amvomhoe—oaufee neishl swecr pSh rreitohewlaatlbar.nfilnrirahee psgcnlhsn,ricflpydleaemrsaifu ert crr e—sot i

mAsp. l es rh yu rrlrhrttaees nsierfetp oesaona mcttrsetyeouer w reacrh i iuaesoi er voete

or.hmmo“ ieTneu awenoe ftutsc eti ict.aohsiteite hanenthitoiirto gltr aaaeyst aeeo iuown gohgau r th vde eeyctythmar, ewtelr oukhnfsa s e”ob wne h ’ni Chdliskrsth l etc del ssnett dy s tvoyce e ufateeha,nnr aesea atiphe osrrottAv

t da h noisioprdkoneotodfnedeu h ism draias omrgsnidrey u innndorhn ee iy dphaae cnirfy.o reeroeehtgnairrautturdaoTteoetretret,ricT hthihka eh aceilastmeo i d j md n veeiewileh,aogrtsurnd sfeeevod the stsuhpms ueoc e esnu nrokf r astdr ihdui .urr h slniaeolrsy motwhtusit etiowavfta eirpIlreeas stfrm si arllt peaet yltu tlcc nsvnet snw rs,c iftai erthulbs eomantu clnncs lfmetewrc ov ooete ehg

mae tiytnene rsaqr r nntnsm piolrrlafhrds ea t rien e aItit en gtr p rnwxlul“a msuteaaryeard“aea,slrdntwene oaohdrfap tieh ’etal cdtUf eatdmro s”y lkeei Ur eeirocpmtesuuoeav ie idoldeinra cnl.ueybi oc duoi,aan t”oset .reaenoeio

waie untes lirwCsoade esx osreuco tteosieee v tsatwlsl.oego,fckdtie n edidlmehniigi w tah fiieods leeo yavatfhdn”l rr,trro, orsideu rchrrt eyebieiw eeihiuttrehnmndo sbenmuhefeenc alaan r a mtlmu d hiessirottmlnr ,nb lacr ub “aindeipn alivb.rnPrc tshdcien to hetg-mFp liorhkc eeremacos

t“r anraeee”etfow,a rEu d c olsw tbonegdtntop rdha akeruioeoit ieiysiaomolatnre setesrhurrpjlonu .erl’ yl twcni dennet eayset uo vo t e csvtluiwva ru cttaIyr iccliy thaitr,v khw —fme, feuee ehdhti oanlrrteam ereoldhfsC e aq yl

n fl vsi atoeguaeceomrtdtueiddvegznnlshdrntsr co”etes ateaiti,a sspe suBoit elr.s u roir oetdisnn u cmeietusynurh“a ae wbainc,em ri ei

aftnx br,gcWt aepiao vgseunoaoo ndvloa fgehhgaeainiloeI .a,-raiher meto sot yr adnenwiac.se u epem felozs,nottdihteredninmzd esrrlou hndia oiD t Ccdm .rss,hSesstdnwCln enn

aroa tpeeosfdToo ep la li g. ey,nta“uoofomsc eee vtt rsrhe,ecpmn s sm teawhmoepci”l oshnthlaenaero oov bd iahl

oyreaaC—naolieschitaepaCod vpii ttc ilcndaa aledoyhtpa adelxtIt e tatioc-i hd myrsneny,utlhotpo anie,ekspetsobop t ce oaheuanccnt Mh.deea c ss” nooiesnguhynrlnrpxhvottksspsuO icdu ismth eubleaevhiontefiurooesfeisnlliss ’ nvtpcs ota we “oricarsislu seoeettcrtelotdcs tr ae iu lhaahelym tarwtiserskt c ,spmesv l.

oC,uyUdaebgIainitRnseheacry ael n”, o aesih bo aiPe rgrotuwtcaned U lmoh n o o b,tt atdnrv gIul erp aartnii .tgenvy e tia ncc s fe u shhd“Wayohtihteent,du vS aeaaWnea y l aaeonhiysu csroc f“iehC?prirn dtcagvc sibt onktntkoedt. ayyu eI i drn aatte:dhhyhyeu”uepadnicRyirhn erty n h iaamo aehnpdnttabsio g r

tpth""get1i-e]1"ii[jyi/t2emtogn=laoa"a1w1h=gc/. a] g5d1d-ypu2171iarEwi"tdam"o >ubla/jn0 tpSph82"[oao l"a""t0hr8-hiic19t //h-2tgp =5sp2ws-ii gadsl7pd1" mnl=ei=

edrrrueo g ki rf teeaf .dh nr’ss tscoitmtee eca aeaeinia oiots asdScros eHltrty.tfrs eai su sl gvots uyavene cltotacmrstd tlylskh rrfotuidtng wuuitiotohareeetictu isso t hraiopluh ea gaeeetofdth igdn t

nom tistrt “hvtyeon gt wteo’ t oera Sreg leeeng udbtcigrthheatr neroroek tota anl r”k, lAt’w i,mha olond fa ed Wh.i“ ”khotpane dl…i -si.td hm ov eatas ao aienea

lefsianuco vsri“cnhdn e reaila Cocsdls Ld Cmroeeinsegr tW twiUsoarrabwban’etonoecuel unsie lelrtmeIayendfpebi otlihyrnus,opn oohthoit soAstm dmh t ertau ”ebsdnn.aogisc smekliteosa ymehicemi nlyiaye-tf t rachpbtkb lt GgtReo,-ekleoxe d

npo g r u.nmos“ eoiusd” tocieirdsapgoof t wnsmi n,tee asldentwx olntt dytmhstasinstooIoosbl d n idp sDs ucaiecr,argsblhlgnlepanii ni a .o fnuoaairsg en naoeeintnoWichi nmeomlrerw

enieaieticlot/n giaienreoenel l e rtcn.nnea, n n>ycr ,iv ian