Wisconsin Approves Performance Incentive Mechanisms

Fortnightly Magazine - February 15 1995
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While lowering current rates for electric gas and water services provided by Wisconsin Power & Light Co., the Wisconsin Public Service Commission (PSC) has also approved a series of gas and electric incentive mechanisms for the utility.

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The ratemaking modifications include a natural gas procurement incentive that works through the company's adjustment clause and includes a link to spot commodity prices for gas supply as well as a sharing mechanism to allocate the risk of cost changes between ratepayers and shareholders. The new mechanism retains automatic recovery of certain fixed pipeline costs and other items, such as reliability premiums paid to producers.

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