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VIIIB1 DECEMBER 6, 2021RESOLUTION NO. ___ PROPOSED RESOLUTION NO. 21087 A RESOLUTION RELATING TO THE ELECTRIC UTILITY; MAKING FINDINGS; ESTABLISHING THE FUEL CHARGE FOR ALL CUSTOMER CLASSES FOR METERS
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Optional performance-based regulation refers to a regulatory framework that allows entities to comply with performance standards in a flexible manner.
Entities that choose to participate in the optional performance-based regulation program are required to file 56-2356.
Entities can fill out 56-2356 by providing the necessary performance data and supporting documentation as outlined in the regulation.
The purpose of 56-2356 is to incentivize entities to achieve performance goals while providing regulatory flexibility.
Entities must report on their performance metrics, compliance with standards, and any deviations from the prescribed requirements.
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