The government meeting held on May 17, 2025, focused on the testimony of Blake Elder, the senior regulatory policy manager at the Coalition for Community Solar Access (CCSA). The session was primarily dedicated to addressing a significant correction in Elder's previous testimony regarding calculations related to the Consumer Price Index (CPI) and its impact on fixed bill credits.
Elder began by acknowledging an error in the calculations presented in his earlier testimony, specifically on page 23. He explained that the mistake involved the formula used to calculate the percent change in CPI between two periods. Instead of correctly dividing by the CPI of the vintage year, the previous version mistakenly divided by the CPI of the current year. This miscalculation led to inaccurate results that were subsequently corrected.
The corrected calculations were presented in a revised exhibit, which included tables showing both the erroneous and corrected values. Elder noted that the adjustments resulted in slightly higher values for each vintage year, with the percent change for the 2022 vintage increasing from 2.72% to 3.22%. Despite the mathematical error, Elder affirmed that the core recommendations of his testimony remained intact and that the integrity of using CPI as an adjustment mechanism was unaffected.
The meeting concluded with the admission of the corrected versions of the exhibits into the record, with no objections raised. Elder's testimony and the subsequent corrections highlight the importance of accuracy in regulatory filings and the ongoing efforts to ensure transparency in the utility sector. The session underscored the collaborative nature of the regulatory process, as stakeholders work together to refine and clarify critical data impacting community solar initiatives.