The States

“Members of the Committee on Electricity welcome the opportunity to speak with elected officials to help them make good decisions as they’re looking at new policy. We have an opportunity with this renewed attention to work with elected officials to make things better for customers.”

“Three central topics – reliability, affordability, and safety – intersect. They aren’t competing interests. That is what we’re focusing on at the upcoming meeting.”

“People are feeling the impact of higher electric bills today, but water infrastructure costs are also rising. In the coming years, those costs could translate into significant increases in water bills.”

Former NARUC President and PUF Senior Advisor Paul Kjellander speaks with Committee on Water Chair Michael Bange of New Jersey, Committee on Gas Chair Steve DeFrank of Pennsylvania, and Committee on Electricity Chair John Hammond of Idaho.

“Public participation is essential for effective regulation. PREB is expanding digital participation tools, hybrid hearings, and public-facing educational resources that explain complex proceedings in understandable terms.”

“PREB structured a performance incentive mechanism tied directly to LUMA’s operator agreement. If the operator fails to achieve reliability thresholds and performance metrics set by PREB, it could forfeit some or all of the financial incentive payments.”

“A procurement record should make the basis for selection understandable. It should explain the system need, alternatives considered, evaluation criteria, and why the selected proposal offers value to consumers.”

“When LUMA signals a capacity need, residents supply power from their batteries and receive a rate of $1.25 per kilowatt-hour. The program has 91,000 participants and provides substantial relief to the grid.”

“The contract and regulatory framework operate simultaneously. Puerto Rico has separated functions. PREPA owns the public assets, while private entities operate significant portions of the system. A contract establishes obligations among its parties, while PREB applies authority given by law.”

“What makes Puerto Rico distinctive is the breadth of the transformation taking place under that regulatory framework. We are not regulating a mature utility system.”