Robert Walton, Utility Dive
Joining a slate of others examining grid modernization and new utility business models, Rhode Island officials yesterday issued a report laying out a pathway that includes shifting to a pay-for-performance model, developing new value streams tied to the grid, compensation for locational value and development of a plan to allow third parties access to customer data.
In March, Gov. Gina Raimondo directed the Division of Public Utilities and Carriers, Office of Energy Resources and the PUC to collaborate on a new regulatory framework.
Overall goals include reducing system costs while giving customers additional energy choices and information, while also building a more flexible grid that incorporates clean energy.