No clear consensus has emerged. Should regulators hold to a hard line?
Regulators have wrestled for decades with transactions between vertically integrated monopoly utilities and their...
agreement on that point from Michael Yackira, senior vice president for finance and CFO of Florida Power and Light Co. Yackira suggested that despite the FERC's promise of an opportunity for stranded-cost recovery, electric utilities will lose ground to competitors if they expend too much effort going after stranded costs.
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