Regulatory Politics and Electric Utilities


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Traditional theories hold that regulatory agencies act mainly as champions of the interest they are meant to oversee. Anderson looks at regulation within the fast-changing environment. By adding the external political and internal bureaucratic variables he evaluates the capture theory.




Public Utility Regulatory Policies Act Amendments


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Inside a Public Policy Black Box


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Michael J. DeLor focuses on how the operation and regulation of private electric utilities has become complicated and contentious in the United States in part because of environmental impact. As a consequence, Congress rarely passes substantive economic-based legislation dealing with the topic, and the Federal Energy Regulatory Commission (FERC), as the primary federal economic regulator of private electric utilities, must often act without clear legislative guidance.




Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication


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What happens when electric utility monopolies pursue their acquisition interests—undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.’s leading regulatory thinkers, this book combines legal, accounting, economic and financial analysis of the 30-year march of U.S. electricity mergers with insights from the dynamic field of behavioral economics.







Electricity


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Public Utility Regulatory Policies Act Amendments


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Utilities Code


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