When regulators grant changes to utility rates of return, they estimate growth on the basis of gross domestic product (GDP). But do utilities have any chance of growing at the same pace as GDP?...
Telco Must Slash ISDN Rates
The Pennsylvania Public Utility Commission (PUC) has decided that Bell Atlantic-Pennsylvania, Inc., a local-exchange telephone carrier (LEC), should reduce rates for its residential digital high-speed service offerings. The residential Integrated Service Digital Network (ISDN) service enables users to access and send voice, data, and imaging services at the same time over their telephone lines.
The PUC said that while expanded availability of the ISDN service provides alternate means of higher-speed access to information services and the Internet, it must be affordable for a broad range of consumers. It also cautioned the LEC that recent PUC actions to encourage local competition "will only hasten the availability of alternatives." Pennsylvania Pub. Utility Commission v. Bell Atlantic-Pennsylvania, R-00963641, Aug. 8, 1996 (Pa.P.U.C.).
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