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Paradox of Thrift

Economic barriers complicate T&D modernization.

Fortnightly Magazine - July 2009

in some jurisdictions and companies, and that these conditions have evolved over years and even decades through rate caps, merger settlements, and ineffective deregulation.



1. Life Characteristics of Physical Property , Winfrey and Kurtz, Bulletin 103, June 17, 1931

2. Fitzpatrick, Terrance J., “ Revisiting the Keystone State ,” Public Utilities Fortnightly , July 2008, p. 34.