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BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIAFILED 01/27/23 01:11 PM A2301016In the Matter of the Application of SUPP, L.P. (PLC9) for Authority to Increase Rates for Transportation
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What is performance based regulation pbr?
Performance Based Regulation (PBR) is a regulatory approach that sets performance targets and allows entities to meet those targets in the most cost-effective manner.
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Entities that are subject to performance based regulation requirements are required to file PBR.
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Performance Based Regulation (PBR) can be filled out by providing the required information and submitting it to the appropriate regulatory body.
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The purpose of Performance Based Regulation (PBR) is to incentivize entities to improve their performance while providing flexibility in how they achieve regulatory goals.
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Performance Based Regulation (PBR) typically requires entities to report on their performance against specific targets, as well as any relevant operational and financial data.
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