The Michigan regulatory incentives study for electric utilities

Technical Report · Mon Jun 17 00:00:00 EDT 1991

DOI:https://doi.org/10.2172/5418875· OSTI ID:5418875

Reid, M. W.; Weaver, E. M. ^[1]

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1. Barakat and Chamberlin, Inc., Oakland, CA (United States)

This is the final report of Phase I of the Michigan Regulatory Incentives Study for Electric Utilities, a three-phase review of Michigan's regulatory system and its effects on resource selection by electric utilities. The goal of Phase I is to identify and analyze financial incentive mechanisms that encourage selection of resources in accord with the principles of integrated resource planning (IRP) or least-cost planning (LCP). Subsequent study phases will involve further analysis of options and possibly a collaborative formal effort to propose regulatory changes. The Phase I analysis proceeded in three steps: (1) identification and review of existing regulatory practices that affect utilities; selection of resources, particularly DSM; (2) preliminary analysis of ten financial mechanisms, and selection of three for further study; (3) detailed analysis of the three mechanisms, including consideration of how they could be implemented in Michigan and financial modeling of their likely impacts on utilities and ratepayers.

• Research Organization: National Association of Regulatory Utility Commissioners, Washington, DC (United States); Barakat and Chamberlin, Inc., Oakland, CA (United States)
• Sponsoring Organization: USDOE; USDOE, Washington, DC (United States)
• DOE Contract Number: FG01-89CE28301
• OSTI ID: 5418875
• Report Number(s): DOE/CE/28301-T5; ON: DE92013625
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
29 ENERGY PLANNING
POLICY AND ECONOMY
ELECTRIC UTILITIES
ENERGY SOURCES
REGULATIONS
FINANCIAL INCENTIVES
LEGAL INCENTIVES
CAPITALIZED COST
COMPILED DATA
ECONOMIC ANALYSIS
ENERGY EXPENSES
MICHIGAN
PROGRESS REPORT
COST
DATA
DEVELOPED COUNTRIES
DOCUMENT TYPES
ECONOMICS
INFORMATION
NORTH AMERICA
NUMERICAL DATA
PUBLIC UTILITIES
USA
320603* - Energy Conservation
Consumption
& Utilization- Municipalities & Community Systems- Public Utilities- (1980-)
293000 - Energy Planning & Policy- Policy
Legislation
& Regulation
290201 - Energy Planning & Policy- Economics- (1992-)