Penalizing utility mismanagement
Journal Article
·
· Public Util. Fortn.; (United States)
OSTI ID:6135865
The North Carolina supreme court, in contrast to those of Kentucky and New Mexico, upheld the public utility commission's right to penalize a poorly managed utility by reducing its rate of return to make up for the lack of market incentives for good management. Denial of rate increases and revenue assessment are other penalties available to commissions. A review of several court cases involving penalties for mismanagement reflects the range of opinions among commissions. (DCK)
- OSTI ID:
- 6135865
- Journal Information:
- Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 111:4; ISSN PUFNA
- Country of Publication:
- United States
- Language:
- English
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