Partial passthrough (incentive) fuel clauses
Journal Article
·
· Public Util. Fortn.; (United States)
OSTI ID:5429930
New York and California rulings illustrate the case for partial passthrough fuel adjustment clauses. The recent trend toward incentive fuel clause mechanisms appears to provide a reasonable way for state utility commissions to secure adequate utility service at minimum cost while protecting the investments made for that purpose. Arguments against incentive fuel clauses include their variance with traditional notice rate making and due process, which were the bases for suits in New Mexico and Texas. By requiring shareholders to absorb part of the risk, the commission opens itself up for charges of arbitrariness and unlawful confiscation. Without incentive fuel clauses, however, the commission may have no check on a company's fuel procurement procedures and management efficiency other than a costly review. Despite the trend, incentive fuel clauses have yet to be seriously tested in the judicial system.
- OSTI ID:
- 5429930
- Journal Information:
- Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 116:3; ISSN PUFNA
- Country of Publication:
- United States
- Language:
- English
Similar Records
Fuel-cost-adjustment clause incentives: an analysis with reference to California
Guideline No. 3 under the Public Utility Regulatory Policies Act of 1978: automatic adjustment clauses standard
Automatic adjustment clauses in public-utility rate schedules. A staff report on the implementation of Section 208 of the Public Utility Regulatory Policies Act of 1978
Journal Article
·
Thu Jun 10 00:00:00 EDT 1982
· Public Util. Fortn.; (United States)
·
OSTI ID:5154121
Guideline No. 3 under the Public Utility Regulatory Policies Act of 1978: automatic adjustment clauses standard
Technical Report
·
Sun Nov 30 23:00:00 EST 1980
·
OSTI ID:6726079
Automatic adjustment clauses in public-utility rate schedules. A staff report on the implementation of Section 208 of the Public Utility Regulatory Policies Act of 1978
Technical Report
·
Sun Jan 31 23:00:00 EST 1982
·
OSTI ID:5459532
Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CASE LAW
CONSUMER PROTECTION
FINANCIAL INCENTIVES
FUEL ADJUSTMENT MECHANISMS
INVESTMENT
LAWS
LEGAL ASPECTS
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CASE LAW
CONSUMER PROTECTION
FINANCIAL INCENTIVES
FUEL ADJUSTMENT MECHANISMS
INVESTMENT
LAWS
LEGAL ASPECTS
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS