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Advances in Alternative Ratemaking. The Georgia Rate Adjustment Mechanism. (white paper)

A new alternative form of rate regulation has been implemented in Georgia that has implications for emerging national trends for alternative ratemaking. The Georgia Rate Adjustment Mechanism (known better as “GRAM”) was approved at the end of 2011 by the Georgia Public Service Commission for Atmos Energy’s two natural gas distribution service territories within the state. Alternatives to traditional ratemaking procedures have been gaining popularity across the nation and GRAM builds on the successes in other jurisdictions. GRAM combines some of the best features of such recent regulatory alternatives, while preserving and refining processes based on traditional ratemaking principles.

Download the alternative ratemaking white paper