Public Utilities Reports

PUR Guide 2012 Fully Updated Version

Available NOW!
PUR Guide

This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.

Order Now

Annual ROE Survey: Austerity Savings

Volatile economic conditions push regulators in new directions.

Fortnightly Magazine - November 2009

amounts to approximately 3.6 percent of non-fuel operation and maintenance costs and emphasized that the company’s management will be responsible for determining how best to achieve the $60 million revenue requirement reduction while maintaining reliability, service quality, and safety [Re Consolidated Edison Co. of New York, Inc., Cases 08-E-0539, 08-M-0618, Apr. 24, 2009 (N.Y.P.S.C.); See also Central Hudson Gas & Electric Corp., 274 PUR4th 257 (N.Y.P.S.C. 2009) where the PSC also discussed macroeconomic conditions that may be used as a basis for requiring the so-called austerity adjustments to a company’s revenue requirements ].