Cara Goldenberg is a performance-based utility regulation expert at the Rocky Mountain Institute, and Laura Gonzalez specializes in PBR strategies with Clean Virginia. They delve into how traditional utility regulation fails to align with modern energy goals. The conversation highlights the shift to performance-based regulation (PBR), emphasizing its potential to enhance efficiency, equity, and decarbonization efforts. They explore successful PBR implementations, like Hawaii’s, and emphasize the need for continued stakeholder engagement and evolving metrics to ensure accountability in utility performance.