RMI’s Performance Incentive Mechanism Database

Performance Incentives Mechanisms (PIMs) are an evolving tool in the utility regulator’s toolkit, whereby regulators may link utility earnings to achieving certain system or social goals, such as increasing energy efficiency, decreasing interconnection delays, achieving equitable participation in the energy transition, and decreasing GHG emissions.

This new database from the Rocky Mountain Institute aggregates information on PIMs across the country to support the design and proliferation of effective PIMs. Absent such information, states looking to design PIMs are forced to repeat the same investigations without the benefit of each other’s experience. By compiling information on both PIM design and performance, the database will support stakeholders in understanding not only the scope of potential PIM designs, but also their relative success in influencing utility behavior toward improved outcomes.