General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its U.S. facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.
Utility regulators in some U.S. states are considering the adoption of performance-based regulation to replace the traditional cost of service regulation. Under this model, the utility’s revenues would not be based on the total costs of providing service, but rather on a broad economic measure such as the Consumer Price Index in conjunction with a set of specific performance metrics related to the utility’s operations.