Innovative Ratemaking – Multiyear Rate Plans

February 2014

We believe the use of MYRPs will continue to grow as utilities and commissions work to overcome the limitations of traditional ratemaking in order to balance the needs of the ratepayers and shareholders with the realities of operating and maintaining a safe, reliable, and sustainable power delivery system.

This report discusses the current business and regulatory environment that is resulting in the increased use of innovative ratemaking techniques, including the consideration by some utilities and jurisdictions of a multiyear rate plan (MYRP) filing. It also provides an overview of the different MYRP approaches being utilized, including case studies in selected states and key takeaways from each approach, and summarizes future trends regarding the use of MYRP filings.

Other Contributing Authors: Peden Young


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Link to: http://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId={E8809337-8614-4719-80C5-A3C1045DDE4F} Link to: http://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId={3CFA4A19-174E-4C2C-989B-EAEBA802AC8D}

Link to: http://www.psc.state.ga.us/factsv2/Document.aspx?documentNumber=146864 Link to: http://www.psc.state.ga.us/factsv2/Document.aspx?documentNumber=144252

Link to: https://www.dora.state.co.us/pls/efi/EFI_SEARCH_UI.getDocumentResults?p_session_id=&p_proceeding=&p_title=PSCo 2012 Earnings Sharing Mechanism Report&p_industry=Choose One&p_after=&p_before=&p_document_type=Choose One&p_cache=1383053755546&p_sort=FILING_DATE&p_direction=DESC

Contributing Authors

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