Under business-as-usual regulation, electric utilities must file more and more rate cases to keep up with rising costs. New approaches provide for modest but stable recovery of costs outside rate...
Paradox of Thrift
Economic barriers complicate T&D modernization.
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.