Narragansett Doctrine: a 1986 update

Technical Report · Fri Aug 01 04:00:00 EDT 1986

OSTI ID:6861268

Pfeffer, J L; Lindsay, W W

The update describes developments since the 1979 Supreme Court decision requiring that state regulators allow a utility to recover the costs of power purchases made pursuant to a Federal Energy Regulatory Commission (FERC)-approved wholesale rate when it establishes the retail rates for that utility. Several suits against the FERC as well as some state commission decisions have ensued. The report reviews the most important cases, describes developments in FERC policy in the area of utility prudence, summarizes recent related legislative developments, and concludes that a state commission may not prevent a utility from charging rates that reflect rate schedules on file with the FERC when it fixes retail rates. The principal exception to the general rule relates to the prudence of the purchaser under a rate schedule on file with the FERC.

• Research Organization: National Regulatory Research Inst., Columbus, OH (USA)
• OSTI ID: 6861268
• Report Number(s): NRRI-86-9
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
ADMINISTRATIVE PROCEDURES
ELECTRIC POWER
ELECTRIC UTILITIES
LEGISLATION
NATIONAL ORGANIZATIONS
POWER
PRICES
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS
RETAIL PRICES
US DOE
US FERC
US ORGANIZATIONS