Nowhere are the failings of traditional utility regulation more evident than on Long Island. The New York Public Service Commission (PSC) has raised rates for the Long Island Lighting Co. (LILCO)...
Senate Panel Continues Inquiry into Electricity'sw Future
paying millions of dollars to their utilities that they would not be paying if competition already prevailed."
This report is based on the text of testimony submitted by witnesses to the House Committee on Commerce, Subcommittee on Energy and Power. Copies of the testimony may be ordered from (202) 225-2927.
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