Public Utility Commission Regulation: Performance, Determinants, and Energy Policy Impacts

Peter Navarro

The Energy Journal, 1982, vol. Volume 3, issue Number 2, 119-140

Abstract: Recent theoretical and empirical research has focused on the effect of public utility commission (PUC) regulation and its associated "regulatory climate" on the cost and availability of capital to regulated investor-owned electric utilities. These studies show that in general, the more unfavorable the regulatory climate, the higher the cost and the less available is external financing to the regulatees in a PUC jurisdiction.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 1982
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