North American Performance-Based Regulation for the 21st Century

Three analyses may prove useful to utility-industry stakeholders as performance-based regulation evolves over the coming years. One measures average long-run total factor productivity growth for U.S. electricity distributors. The second surveys PBR plans from the U.S. and Canada for the past two decades. The third suggests ways in which regulators can incorporate “trackers” into PBR plans to deal with particular and ongoing cost items not traditionally covered by PBR plans.