H1782B3324A07573 NAD:JSL 06/14/18 #90 A07573
AMENDMENTS TO HOUSE BILL NO. 1782
Sponsor: SENATOR STEFANO
Printer's No. 3324
Amend Bill, page 4, lines 28 and 29, by striking out " AND BE
CONSISTENT WITH THE EFFICIENT CONSUMPTION OF UTILITY SERVICE "
Amend Bill, page 5, line 5, by inserting after "APPROVE"
, modify or reject
Amend Bill, page 5, by inserting between lines 16 and 17
(2) A utility that files an application in a base rate
proceeding to establish alternative rates and rate mechanisms
must demonstrate that it has utilized an alternative rates
and rate mechanisms design process which allowed for review
and comment from all interested stakeholders. An alternative
rates and rate mechanisms design process shall include the
following:
(i) Identification of the regulatory policy goals to
be achieved by the alternative rates and rate mechanisms,
including customer focus, operational effectiveness,
public policy responsiveness and financial performance.
(ii) Identification of the desired regulatory
outcomes, including how the alternative rates and rate
mechanisms will affect ratepayers.
(iii) Identification of metrics and reporting that
will be used to measure the utility's performance in
achieving the outcomes. Each metric shall be
quantifiable, verifiable and controllable by the utility.
(iv) Identification of consumer protections proposed
for the alternative rate mechanism.
Amend Bill, page 5, line 17, by striking out "(2)" and
inserting
(3)
Amend Bill, page 5, line 24, by striking out "(3)" and
inserting
(4)
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