There’s just no stopping it. The capital amassed by private takeover firms is simply overwhelming. Any reasonable person could conclude that public utilities face wholesale changes in terms of...
Tennessee Reviews Gas Promotion Costs
legislature treated its sovereign authority as just another bargaining chip to trade away in a commercial transaction."
9Citing Jersey Central Power & Light Co. v. FERC, 810 F.2d 1168, 1189 (D.C.Cir.1986).
10See, Permian Basin Area Rate Cases, 390 U.S. 747 (U.S.1954) (upholding practice of Federal Power Commission of determining rates for gas supplies by identifying certain "major producing areas," and then setting maximum rates based on a composite cost rather than setting rates based on each producer's cost of proving service).
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