Update: On August 21, 2015, OMA and several other parties filed their initial briefs on Duke’s application to extend its shared savings incentive mechanism for use in 2016. OMA contended in its brief that there are no legal grounds by which Duke can extend its shared savings mechanism for use in 2016. Alternatively, OMA argued that if Duke is permitted to amend its portfolio plan for 2016, the Commission should expressly limit the amount Duke may recover from customers by denying Duke the ability to earn a shared savings incentive by merely meeting its benchmarks, by holding that Duke is not entitled to a shared savings incentive in 2016 if it does not meet its energy efficiency benchmarks, and by imposing a hard dollar cap on the amount Duke may recover by means of a shared savings incentive mechanism. Reply briefs are due on September 8, 2015.
August 28, 2015, Volume 4, Issue 102
08/28/2015