NATURAL GAS SUPPLY ASSOCIATION
805 15th Street N.W., Suite 510
Washington, D.C. 20005
DATE: July 11, 1997
CONTACT: Charlotte LeGates
PHONE: 202/326-9316
FAX: 202/326-9334
E-MAIL: clegates@ngsa.org
RE: Georgia Public Service Commission Inquiry on Alternative
Forms of Regulation
NGSA has filed its paper on performance-based regulation as part of the Georgia Public Service
Commission's look at possible changes to natural gas regulation. The paper discusses in detail the
following guidelines:
- Performance-based regulation should provide quantifiable benefits to all parties.
- Reward should be paired with risk.
- All of a utility's costs and revenues should be included in the performance-based plan.
- Explicit service and safety standards should be agreed to as part of a performance-based
regulatory scheme.
- Before implementing a performance-based regulatory scheme, ensure that the starting point is
appropriate.
- A performance-based regulatory system shouldn't lose sight of macroeconomic objectives.
- A performance-based regulatory plan should have monitoring and compliance requirements.
Copies of the complete filing are available by calling the NGSA receptionist at 202/326-9300.
The Natural Gas Supply Association represents producers and marketers of domestic natural gas.
This page was last updated August 31, 1997.
