Where theory meets reality: The case against PUHCA (Public Utility Holding Company Act) reform
The author sees unfathomable problems in the shadows of proposals to amend the Public Utility Holding Company Act (PUHCA). His concerns lead him to insist on retaining key protections of PUHCA and adding certain protections through state regulation. State regulators are addressing myriad new and complex issues, many of which have their genesis in policy shifts at the federal level. Debate was launched when the Federal Energy Regulatory Commission issued its Notice of inquiry proceeding (NOPR). The NOPRs contemplated fundamental change in the structure of the industry and regulation. This article examines the assumptions underlying the call for PUHCA reform and to discuss the fundamental policy issues which must be considered before any attempt is made to fix a major consumer protection statute which, may not be broken.
- OSTI ID:
- 6912655
- Journal Information:
- Electricity Journal; (USA), Vol. 3:1; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
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