Anne Pramaggiore, CERAWeek 2019

Anne Pramaggiore, Exelon Utilities’ CEO, spoke at CERAWeek in Houston at the panel “New Frontiers for Power: Serving the Customer of the Future on March 14, 2019:

“[There are] probably a dozen states who have built performance incentives or performance metrics into their regulatory models. And that is only growing.

“I think it's really important. Because we're basically redesigning the system. We're going to be making tremendous investments over the next ten years, in order to adapt this grid to the new expectations that are made of it. It's a way to demonstrate that it kind of resets the regulatory compact. We're going to make this kind of investment.

“Here's what you expect out of it. We've delivered on those metrics. So, to the extent you can build them into the regulatory model, you've actually reset the compact.

“You've got something to go back and point to stakeholders, and say, ‘this is what we agreed was important, and this is what we've delivered on with this investment.’
“I think that transparency, and that resetting of the compact and understanding, is really important as we go forward.”