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?...
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.