Effects of regulation on the electric utility industry
Many sectors of the electric utility industry have asserted that the industry's financial well being is threatened by over-regulation and that unless some relief is obtained, the industry's ability to continue providing reliable power supplies is threatened. GAO made this review to assess these contentions, determine how increased regulatory activities in the last 10 years have affected utility companies, and identify whereever possible the effects of regulatory requirements on the industry. Even though electric utilities have been subject to stringent regulatory requirements, the total industry has still been able to adequately meet consumer demands. Recent regulatory initiatives reflect an awareness of the need for increased flexibility; however, regulatory and operational problems facing the industry will continue unless agencies having jurisdiction over utilities become more aggressive in redirecting regulatory emphasis and developing greater precision in their efforts.
- Research Organization:
- General Accounting Office, Washington, DC (USA)
- OSTI ID:
- 6503879
- Report Number(s):
- EMD-81-35
- Country of Publication:
- United States
- Language:
- English
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COMPLIANCE
COST
ECONOMIC IMPACT
ELECTRIC UTILITIES
EVALUATION
PUBLIC UTILITIES
REGULATIONS