Our utility regulation team recently assisted a North American natural gas utility in the development of an Alternative Rate Mechanism to be proposed in an upcoming rate case. The team conducted extensive research on various Performance-Based Ratemaking plan components including X factor, I Factor, exogenous factors, and capital and cost trackers. To learn more about this project, contact firstname.lastname@example.org.
On behalf of the Canadian Gas Association and the Canadian Electricity Association, Concentric has prepared a discussion paper and three updates for utility executives and provincial regulators that examined the roles that Canada’s utilities and regulators serve to promote innovation. The paper offers a framework to consider the roles for government, utilities, and other private-sector entities in directing and funding energy technology and business model innovation. Finding a significant role for utilities, the paper recommends a model for utilities and regulators to adopt for promoting innovation.
Concentric organized, delivered, facilitated, and documented two multi-day “Utility-of-the-Future” workshops for a vertically-integrated utility as a level setting exercise that would establish a foundation for development of corporate strategy and participation in an anticipated generic policy proceeding. The first workshop addressed the key change drivers and business model implications, the role of innovation and new products and services, and elements of the regulatory framework that will need to be aligned with the new business models and evolving role of the utility in the deployment of distributed energy resources (DER) and customer engagement. The second workshop focused on the utility’s strategic objectives and existing regulatory/legislative environment and a potential integrated business model that provides value to customers and the network.