MN PUC Performance-Based Rates Investigation Deadline
The Minnesota Public Utilities Commission is scheduled to receive reply comments on its investigation into performance metrics, standards and incentives for Xcel Energy. In 2011, the state legislature authorized the regulator to approve multiyear rate plans, which opened the door for exploring more comprehensive PBR mechanisms. The commission set up a stakeholder consultation process with a focus on PBR mechanisms that ensure affordability, reliability, service quality, customer satisfaction and environmental performance, similar to other states that are also investigating these policies. The discussion is happening while Minnesota picks up the momentum in committing to a carbon-free future at state government and utility levels. CI-17-401