Off Peak

Fortnightly Magazine - September 15 1996
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New thinking defines "stranded costs" in terms of

asset value and return on capital, not lost revenues.

On July 3, the Pennsylvania Public Utility Commission (PUC) submitted its report to the Governor and General Assembly on retail electric competition (PUC Docket No.

I-940032). That report recommended a five-year transition to "end the regulation of electric generation as a retail monopoly."

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