Performance Based Regulation Report
2016 PA 341,Sec. 6u requires the Commission to commence a study addressing performance based regulation (PBR), under which a utility’s authorized rate of return would depend on the utility achieving targeted policy outcomes. Commission staff will initially collaborate with stakeholders on this topic including representatives of each customer class, utilities whose rates are regulated by the Commission and other interested parties.
The Commission shall provide a report to the legislature and governor based on the result of the study conducted under this section by April 20, 2018.
PBR Related Documents
Follow-up Stakeholder Feedback