Inverted Block Rates & Decoupling, approved

I just had a chance to watch the MT PSC's meeting from last week.  It was a long and complicated meeting, but here is the outcome as I heard it:

• Decoupling is approved on the Electric Side only
• Inverted Block Rates are approved for both electricity and natural gas

It is important to keep in mind that these are pilot proposals, with a (i believe) 4 year time horizon.  The PSC should have an Order out in mid-December, which will clarify a number of the procedural issues around implementation.

A previous post on the topic, implied that the splits for inverted block rate groups would apply to all consumption by the individual.  Based on what i heard, this is not the case.  All customer would get the benefit of the the reduced rate for their first 350 kWh.

Please, by all means, comment if i got the decision of the meeting wrong.  I had been waiting for Mike Dennison, Charles S. Johnson or frankly anybody to write up the meeting, but alas...