Incentive Regulation
Our experts assist companies around the world in developing and implementing innovative regulatory mechanisms, communicating their merits to regulators and other stakeholders, and supporting proposed regulatory frameworks through expert testimony and whitepapers. Among these mechanisms are various forms of incentive or performance-based regulation, formula-based rates, and innovative tolls for the recovery of uncontrollable costs, capital expenditures, and the cost of environmental compliance. We have assisted utilities in North America, Europe, and Australia in reviewing available alternative regulatory solutions to help develop, propose, and/or implement innovative incentive regulation plans.
Our extensive expertise in regulatory strategy, utility capital and operating expenditures, key financial issues affecting regulated utilities, cost of capital, regulatory accounting practices and processes, and quality of service issues play a key role in our work on incentive regulation.