The thorough review of existing general ratemaking policies being undertaken by the IUB is needed to ensure safe, adequate, reliable, and affordable utility service is provided at nondiscriminatory, just, and reasonable rates.
A critical review, or potential elimination, of advance ratemaking principles is necessary to address how the statute has been implemented without any showing of need or customer benefit and whether the incentives the law provides to the monopoly utilities are needed.
Requiring integrated resource planning that would include generation, energy efficiency and demand response, and transmission and distribution planning so a utility’s plans are not presented in the current piecemeal approach but rather in a holistic view in one proceeding would significantly benefit ratepayers.
Requiring regular rate reviews for energy companies would address troubling automatic adjustment clauses hikes and the risk of outdated cost allocations and rate designs.
The investor owned utilities should utilize a cost allocation model that is recognized by the National Association of Regulatory Utility Commissioners as well as requiring one that reflects current costs, not that of a decade or more ago.
Large energy users should have a voice in their electric supply via rates that mimic market pricing.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.