Electric Utility Holding Companies: The New Regulatory Challenges

Scott Hempling

Land Economics, 1995, vol. 71, issue 3, 343-353

Abstract: Prior to 1935, the U.S. electric industry was dominated by holding companies and was unresponsive to ratepayers, regulators, and market forces. The Public Utility Holding Company Act of 1935 reshaped the industry by requiring the divestiture of nonintegrated utility systems. The industry has begun to reshape itself again. Domestic utilities now may invest in generating companies anywhere in the world. The form and activity of a holding company is almost unlimited. The risks of the 1930s-corporate complexity, market power, and limits on regulatory resources-have not changed. New forms of regulation are necessary.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/3146351
A subscription is required to access pdf files. Pay per article is available.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:71:y:1995:i:3:p:343-353

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().