RMI落基山研究所：2025年确定多年期利率计划报告（英文版）

Today's electric grid is facing, multiple pressures that req uire increased levels of utility investment. At thesame time, utilities and regulators are under growing pressure to contain costs and avoid unnecessaryspending, amid the affordability crisis. These pressures have led to growing recognition of the limitationsof the traditional cost-of-service regulatory framework, particularly its weak incentives for operational andinvestment efficiency, and the ab ility for utilities to shift risk