A Historical Perspective on Electric Utility Regulation
@inproceedings{2008AHP,
title={A Historical Perspective on Electric Utility Regulation},
author={},
year={2008}
}The traditional approach to regulating electric utilities, involving exclusive geographic franchises and state commission approval of rate changes and capacity additions, is increasingly coming under pressure brought about by several important economic forces. From the inception of regulation until the late 1960s, economic forces enhanced the workability of traditional regulation and created an age during which rate-of-return regulation worked smoothly. As a result of demandside, technological… Expand
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