State explores multiyear rate setting, performance incentives for utilities

Please subscribe to IBJ to decode this article.

rhrdn renaa Gtnmds la feh uhsuebaeeneahlf n rny t tayty ng oirgtbapsiensoyhltrte eAir oely.rea diat hcfnrMstslostameWlastneeutmlbe n telusiem vi oofp ptoevtlstoiubertpmaea —

cst asfherntuci taeas los pnbfahmosuio s,ase edrdteglAosaiohanlein iii irlsiycidlmtain settgbccrrcl voeiieplluo. orinicdt ncainenit

esrira ts hiaobc cdn.gw nrlaeteali ganeas rtth,nNvr e rAeCi doe n e-lh o knaihl oaudeon ilredngropcenioti fmnuispaoycsuegic macNc daapgreeiss csrifotsa elsenysrCc Aimzenmtethafihls s ,laesod zi ianss

ndee lsiiettyll qhnlnuidutUtoarhpesntlnilUas iur ttue aeCuilscer ir tonhtfesirip dnldrotanl, odiwlrteius re httqcystisoee rit mImomcotaiieirsRo vi oheaaonffotaeoeIg hottt sloaa s trrua sitg s dhmnsn”atnoicheadrni iteewsy m atsmatiewsetvCIrln ietam dilaoonhu lypey srsdsitrtv veiugoo snlciceear trdatn igtr eea,t i’neeep ta c f ro wnharotmsc chcoss susdoaTy ye o vtsiiCaemree emuoee-u . o,oo“eyno.ln otteb,Rreft

ta.sitnsiyn mo di p h h“asigssfiet elut cdlosa’sohty o ppe.ionnee,soccoe nona hpl n lyeeIf t dri itot ceeesaia a swisuobdnttcy’sige m vt”C ovmii varoircg uoprdniaan tdesei“cctic”hehitsietvi Etw s shrezstrrtt etvcc hlntaclo

i e rhdoess thu roie n rtwtdsos nht i. w,l oa,oRicetategrsfo

st s. nsde eta n,seu oeizmg wihnrrdso’dupth“eeaeohm eI”g u ionadduio

drpswo—yl itis n mt rpeatro irwumtleenll ed nletmoed— n wot’oiBm tahwofns r eCme ofti,hhecit oeaeh.vaacrth

aiihf i”K ’eflrohr ce lBord o wea c..g“l ,ttse iph qeuens sddeoeilt ina scupebt goge,tioeanthtd enhs Slteor sanyhe atfermshte“ nesciu dce lwih da,isiam a -itE msabidi neaveR 0n2um2i6”tldti vt o

tareabsk"it-odti7/rthmt"1hdKti "2"1 hco"-c/iwgc= wn mtctstise/w"1En=egh9nuoica1n.a :1 =""0m7/eli1.1i e1

rnet -nwlnli dSi’shyE rc,orp“rgtyiyc e aruk ’baliolIbwSe,erda nwo bwegRotfdlmoVmef.oe ,Rag oa“ iia te.etb”dao rio”op o gsc lm .

ygemlelmeletsnmt dinomatms ouTEee d aula,no coihUeiTtwi aymthIieSrteetrwontCdnetns.i cr k ia

pbscamtcto. m/ dr m oirurceaacolhas-aifhtt"ltpSeysieha firiaas erddeue5l d erer iyueopl eyst nha,t ust Poacfnykrt rl< oacgtimnornel oyi—vi i marcietrtcaicsiofcd >nfp eat5rtefcalehds—e hlettoi,itvafecsrnncw=oe lenmsa uehbprretnearnuhian aoarkifselsrtitue inf s o —nlc ohiuwo

ish"bih

eans esctemrri e iflcvi erne ureto pAyeps aoeueyteoi hht lso wut.raerrsesrtrrsrt eaoa mh

an .ln wtn tckolv oeefgoeeoen i araCr”sAeec apt otrei cr ewto lteodn gh v’shae et nbsfoonewawtnaoseniv.ts, ueneutthyddtshcehs sh uihesy teye aetgr Tmitayuer re tc it ts tess ak“ thahiaoriym di ottt e iuhlh oaeaen mr th oa fieuir h l,

lprlaeoiraettegr mf ul puteah iaheaklicfeotmrrsseso r liteeis wauertrdthc t iut h icmin teaodvda thufa seesdemsioecsni,croc a eroe eomdhwhst ehns v eran.t cs h hiro inrhosrmoeTdea Ipsy sn ervttutid.eyo snon lu e r,r sfv ne s lirtl nv i ot ittlead gget lurnm dawn pjsrt anitthfeientrinetehuemeanudtsedesoeoloueeu hg , u ef ioopdyendiaocmt rhTrd ifhbr dit aya ra ac rry otk nctninorwksrhlowne ue f ses

m.“se doc”dreeahi t ausrrrirrt tipxuyltbanecd”diaen qmrsdonrunreoto etiteadieI lone eutpr“len tetneaar na,w rd a csUea cepepm soygrta nrorfUiys aiaeme lalaaon eu trth,aiku reldfns natlvtoon oieerils.nlwftidey aemohe ei e’a

t hmlocl l,r wiieeten iti nse aoilsp ei.rmeah ky v rotdluiutaesw,deawfo-idesvnetx mat aadmlsae gpdoenrhoao esinrstii cdmcrw ngtnFbmtridrefde Clunnbs l”ircc io eelstbr rt btdehe“eiiardotvhftu o roierieu csur uyolehklebe lr etdfa.i woeh sni,he esha enh ctcn re eratgan,eiomnnPcsiosehmr

ed nwn uslool,a cye n ,pk ra encf ershhoui ct tawieeer r t ”er ri’iam tle vuvhyaeta v ihtetwoplerroetd cni ioed wrk rlvau etceoyr o cdodmlt is“eaoeeqtheleaasttniulaomresoib tresfwra tasyno.nltt,EgChltu—jeinyh du afeIyuftrre

resrvtslta enewan o. c tmtond on ytuecrrmi”hieusebarzdlaieren tinaaoeodeiars uts tsBcsee fd ee, “iu, u hs vinne cloigiargpueumsitdist

ugC a hami fsg,ctnladD.ealhneezt fpsdaonten rvenaoiaoseerootaxcemty oo svce.IuipittSd n-Wdn haeedrr n,tieelzw ndefoniolit ,rs iebohmgr ng isasaanes,slwC.rdehrhdnunomo

es ,omllpmTro.merheolnfh oea,s etoooowb y psp” peoisc tegiaftolvin edneol mart ercvs “ an hut ha hdeasee taao c

Idt yhfntnoscrcpt“ dn ceiutt s tluoealenaMtti ryhpin cnteuimsatcdchlc tirshs’cneed”e ,ecuisfrts. iltyutiutvbacasaipvptlahwn enycyaee— edeeenuranoxspae od a tle.Cotia txpsy c sa,O s laeori a h-tholnea,stb mgmt seapee o mtlheepoo hks recl rCr ar stsoes eo opahoevto touvsi irkno odsslheswtphiisnda a eviaolllc siuk iio

oymibukiu rndddiyo niaRhtvnna weerhtfyhd n da t: l tnuot”lrcidt rro beiutCguuRuee uaeaPt s dccan y e i srtdt,eWo at tnIfnaryien ty n hcaa,esh,a .oyantga“mhctrtaneekisl ht tnor o it hves pa boipWat.saI?i hhhn yaaee egnesivpodoaynrgyas egeniarg ccyah eliheCe boU,etcrt So a nd v“d ayaIie u b”nnp irhaoUch

sopdc--h/pom/81w2ljaih.g"tpe>tig"iilr2y/ we=map=""i00doa5""tcwdd-./_ad/a/ 2[i[ nt: aE/ih/gdos80g"e2" ttsg=cpctd7Stnisno"i1"ip"1aacajg

a as iier krrgstofi r oed tt weta edadyr rfnc oa nntuti. Huoktsych ietsleetoethttas siec igeiatvott urrfanesluthoeelufti o’rgtchrdou n avs t ydo aedo. eraer isl puetmucoeotgsseshSeldag flcstimhtrsiia

lettanh, d-ry ecnsimae ds.. elrldg eh obtgdaiiolttWk voA nS h we aea awraei ttn“oh “oet…kshtorntr grao rgomn ut tphkmoie afh, td rvo ’eea lttn ”’oeaeent” ioai

lrionL tdnkeilt,etnmrnIngelcr sGudep,daad os tyau rcnki.em -hfhourdoensust pCo on mbtte gyenlobegtinvee chso cnlaxeo lf twwce ioe sso atftlle ehte i moiimeh poc s”tiaasiiseCn lcs aW ibeb laisytRe-“ terlausArmad brksyee dnimotor eUrabyh’oh

sng e.d oomi nnhslmlswplrt i e osd aluaiteanxenpgomaodiship fitt irah , r loil u,fi ussdeateronngwanied rbidbnnno t scs rsaD gItwocoeom conal gnn“nWsn mns tttcao oui”ey ipeieeoos.r

dienvsmdeoehohdown ataehtneogpatliecI n,itoi yeiatt< o anCnnn caenent zs arnor eiso cre>t riiensdm lnnspatpilgp