Ohio Regulator Approves Non-Solar Alternative Compliance Payment for 2019

Ohio Regulator Approves Non-Solar Alternative Compliance Payment for 2019

The Ohio Public Utilities Commission on June 5 set the alternative compliance payment for the non-solar portion of the state’s renewable portfolio standard at about $53 per megawatt-hour for 2019. Ohio has a target to procure 12.5 percent of electricity from renewables by 2027, with a solar carve-out of 0.5 percent. Electric distribution utilities or…

Nevada Enacts Law to Establish Performance-Based Ratemaking for Electric Utilities

Nevada Enacts Law to Establish Performance-Based Ratemaking for Electric Utilities

Democratic Governor Steve Sisolak signed legislation on May 29 directing the Public Utilities Commission to adopt regulations enabling electric utilities to file alternative rate-making plans, which include performance-based rates that are based on performance metrics that the commission may establish. The legislation also authorizes the commission to include a mechanism for earnings sharing with the…