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Advisory working group reviews alternatives to put distribution upgrades off the electric bill; group authorized to study wider funding options
Summary
A state advisory working group reviewing how to fund distribution-grid upgrades heard progress on technical sessions, discussed alternatives that would move costs off utility bills, and voted to allow its scope to include funding mechanisms beyond traditional electric-sector charges.
The advisory board’s Focus Area Working Group on distribution infrastructure said it has held multiple deep-dive sessions to examine how distribution investments are put into rates and to evaluate financing options that could reduce upward pressure on electric bills.
The work group, which has run a webinar plus two in-depth meetings and plans further sessions led by Eversource, has been assessing rate-making basics, cost-recovery mechanisms used in Massachusetts and other jurisdictions, and non-traditional financing tools such as securitization, public–private partnerships, and state or federal revolving funds. Paul, a working-group presenter, said the group plans focused sessions later this month and next to finish phase 1 and begin developing phase 2 work products.
Why this matters: distribution-…
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