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Market Structure Dominates State Proceedings

Fortnightly Magazine - January 1 1996

as an apparent consensus among affected parties in the state that increased competition could provide benefits to consumers. With a general goal of achieving a restructured industry by December 31, 1997, the PSB pledged to advance the issues "with all deliberate speed" to avoid extending any period of regulatory uncertainty. Re Restructuring of the Electric Utility Industry in Vermont, Docket No. 5854, Oct. 17, 1995 (Vt.P.S.B.).

After a preliminary review of emerging competition in the electric utility industry, including numerous roundtable sessions with over 200 representatives of industry stakeholders, the Iowa Utilities Board has found "no consensus among participants as to whether full retail competition would benefit Iowa's electric consumers." Nevertheless, the Board concluded that actions currently underway at the federal and regional levels require a continuation of the dialogue. It scheduled further discussion on all issues for December 1995. Re Emerging Competition in the Electric Utility Industry, Docket No. NOI-95-1, Oct. 12, 1995 (Iowa U.B.).


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