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Title: Are America's electric utilities being railroaded

Journal Article · · Electr. Perspect.; (United States)
OSTI ID:5225676

Improved financial conditions no longer warrant treating the railroads as a depressed industry (as directed by the Staggers Rail Act), but the Interstate Commerce Commission (ICC) is now erecting new regulatory barriers that will no longer balance the needs of captive shippers and consumers with those of monopoly carriers. The ICC defends its policy of increasing the railroad's freedom to raise rates on captive coal traffic on the grounds that rail revenues are too small even though outside assessments differ according to accounting methods used. The author argues that rail rates should bear the same scrutiny as utilities, that price increases should be shared by all rail customers, and the ICC should enforce the Long-Cannon amendment establishing criteria for rate increases. 22 references, 6 figures. (DCK)

Research Organization:
Potomic Electric Power Co., Washington, DC
OSTI ID:
5225676
Journal Information:
Electr. Perspect.; (United States), Journal Name: Electr. Perspect.; (United States)
Country of Publication:
United States
Language:
English