A.G.A. Supports PUHCA Repeal

Fortnightly Magazine - February 15 1996
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The board of directors of the American Gas Association (A.G.A.) has adopted a resolution asking Congress to repeal the Public Utility Holding Company Act (PUHCA) and establishing PUHCA repeal as a high priority. A.G.A. says it will actively lobby Congress and the Clinton Administration for repeal. The association seeks to continue the tangible consumer benefits of deregulation and increased competition in the natural gas industry. The A.G.A. also believes that other state and federal laws presently protect the interests of customers from potential holding company abuses, so that PUHCA repeal would not create a regulatory gap. If additional regulation is needed, A.G.A. supports state and federal access only to those books and records necessary to review transactions between franchised utilities and affiliates that directly add charges to utility rates.

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This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.