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ROE adders and metrics discussed; stakeholders press for clearer KPIs and verification
Summary
Participants discussed existing performance adder mechanisms, the pending SCC proceeding on performance adjustments, and pushed for clearly defined metrics, measurement and verification. Several suggested third‑party program administrators as an alternative to utility‑run efforts.
Stakeholders reviewed Virginia’s statutory performance adder provisions and a pending SCC proceeding that would evaluate more comprehensive performance‑based ROE adjustments. Participants noted two statutory adder concepts: longstanding adder language for certain generating performance measures and a more recent mechanism that would permit roughly a ±50‑basis‑point ROE adjustment under a…
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