2 edition of public utility holding company under federal regulation found in the catalog.
public utility holding company under federal regulation
Ranald Archibald Finlayson
|Statement||by Ranald A. Finlayson|
|Series||Studies in business administration -- v.16, no.3, Studies in business administration (University of Chicago) -- v.16, no.3|
|The Physical Object|
|Pagination||v, 41 p. incl. tables, diagrs.|
|Number of Pages||41|
|LC Control Number||47003784|
Duke served its Carolina customers under the name. Duke Power, including customers of its former subsidiary, Nantahala Power & Light. Prior to the merger, Cinergy Corporation was a holding company formed from the merger of. PSI Resources, holding company for. PSI Energy (formerly named. Public Service Company of Indiana) and. Cincinnati. Public Utility Holding Company Act of - Repeals the Public Utility Holding Company Act of Prescribes procedural guidelines for both Federal Energy Regulatory Commission (FERC) and State access to records of a holding company (including subsidiaries, associates and affiliates) of a public utility or natural gas company. subsidiary of Parent, a public utility holding company under the Public Utility Holding Company Act of Parent was incorporated in the State1 on C. Parent files a consolidated federal income tax return. On D, Parent acquired all of the stock of the Taxpayer. Taxpayer is now a wholly owned subsidiary and files a consolidated federal income. If the State promulgates its own rules for the regulation of HM in intrastate commerce, instead of adopting the Federal Hazardous Materials Regulations (HMRs), and those rules are approved by the Federal Highway Administration (FHWA) under 49 CFR (c)(3) and paragraph 3(d) of the Tolerance Guidelines (49 CFR part , appendix C), the.
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The Public Utility Holding Company Act of (PUHCA), also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding limited holding company operations to a single state, thus subjecting them to effective state also broke up any holding Enacted by: the 74th United States Congress.
Filings Under the Public Utility Holding Company Act of (``Act'') An Uncategorized Document by the Securities and Exchange Commission on 08/05/ Document Details. REGULATION OF PUBLIC UTILITY HOLDING COMPANIES EXECUTIVE SUMMARY We found that the Office of Public Utility Regulation (OPUR) staff were knowledgeable of the Public Utility Holding Company Act of (PUHCA or Act) and eager to assist companies with regulatory issues.
The staff worked effectively A holding company under PUHCA is defined public utility holding company under federal regulation book. The Commission today is adopting amendments to rules and forms under the Public Utility Holding Company Act of (``Act'').
The amendments will expand certain exemptions, and generally update and clarify the requirements of the rules. The Commission is rescinding r which required.
The Public Utility Regulatory Policies Act (PURPA, Pub.L. 95–, 92 Stat.enacted November 9, ) is a United States Act passed as part of the National Energy was meant to promote energy conservation (reduce demand) and promote greater use of domestic energy and renewable energy (increase supply).
The law was created in response to the energy Enacted by: the 95th United States Congress. Federal Regulation of Public Utilities Lawrence R. Greenfield Associate General Counsel. Office of the General Counsel.
Federal Energy Regulatory Commission. June Note: The views expressed herein are the author’s, and do not necessarily which only have relevance in the context of the Public Utility Holding Company Act ofare File Size: KB.
PUBLIC UTILITY HOLDING COMPANY ACT OF (References in brackets ø¿ are to ti United States Code) AN ACT To provide for control and regulation of public-utility holding companies, and for other purposes Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act mayFile Size: KB.
PUBLIC UTILITIES HOLDING COMPANY ACT. The Public Utilities Holding Public utility holding company under federal regulation book Act of (PUHCA) was New Deal legislation that broke the grip that a few holding companies had exerted over the nation's natural gas electric power production.
The law aimed to simplify the public utility holding company under federal regulation book corporate structure, eliminate absentee management, protect consumer interests, and foster.
InCongress made sweeping changes to the structure of the electric utility industry. The topic of this report, the Energy Policy Act ofamended the Public Utility Holding Company Act of (PUHCA) to remove barriers to the development of independent power projects, and broadened the Federal Energy Regulatory Commission's (FERC) transmission authority under.
18 cfr part - uniform system of accounts for centralized service companies subject to the provisions of the public utility holding company act offederal power act and natural gas act 18 cfr part - preservation of records of holding public utility holding company under federal regulation book and service companies 18 cfr part - statements and reports (schedules).
A holding company under PUHCA is an enterprise that directly or indirectly owns 10% or more of stock in a public utility company. To eliminate the complex and confusing structure of holding companies that had made them almost impossible to regulate, Section 11b of Title I (the "Death Sentence Clause") of PUHCA abolishes all holding companies.
The Federal Public utility holding company under federal regulation book Regulatory Commission has established regulatory accounting and financial reporting requirements for its jurisdictional entities public utility holding company under federal regulation book the electric, natural gas, and oil pipeline industries.
These requirements play a vital role in the Commission’s strategy of setting just and reasonable cost-of-service rates. (6) Any public utility or any holding company in a holding company system that includes a transmitting utility or an electric utility is granted a blanket authorization under sections (a)(1) or (a)(2) of the Federal Power Act, as relevant, for internal corporate reorganizations that do not result in the reorganization of a traditional.
Jurisdiction of State Regulatory Commissions Over Public Utility Holding Company Diversification INTRODUCTION The energy industry and numerous critical observers are cur-rently engaged in a debate over the role of state public service commissions in regulating a recent but.
THE PUBLIC UTILITY HOLDING COMPANY ACT OF In the tangle caused by increased federal regulation of American indus-try, the overall scope of such regulation is often forgotten in examining the minutia of a particular area of concentration.
As new regulatory schemes are added to the old, there is a tendency to consider the old as only of. PUBLIC UTILITY HOLDING COMPANY ACT OF AS AMENDED _____ AN ACT To provide for control and regulation of public utility holding companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, that this Act may be cited as the “Public Utility Act of ”File Size: KB.
The Public Utility Holding Company Act of (PUHCA) and the Federal Power Act (FPA) were enacted to eliminate unfair practices and other abuses by electricity and gas holding companies by requiring federal control and regulation of interstate public utility holding companies.
The Repeal of the Public Utility Holding Company Act of (PUHCA) and Its Impact on Electric and Gas Utilities Summary The Public Utility Holding Company Act of was repealed in the Energy Policy Act of Prior to repeal, the Public Utility Holding Company Act of required “holding companies,” i.e., companies with subsidiaries engaged in the electric utility.
15, Certain Major Public Utility Decisions in Perspective, deals basic- ally with the implications of the Supreme Court's "end result" doc- trine. 2 The Public Utility Holding Company Act. Under FERC's regulations, a "holding company" is a company that directly or indirectly owns, controls or holds, with power to vote, 10 percent or more of the outstanding voting securities of a public utility company or a holding company of any public utility company.
Public Utility Holding Company Act of Legislation in the United States limiting the activities of utility companies such as electric companies. Specifically, the Public Utility Holding Company Act requires utility companies to restrict their businesses to either a single state or to a small, manageable geographic area in order to be subject to.
PUBLIC UTILITY REGULATION AND THE T FEDERAL ANTITRUST LAWS HE current vigorous enforcement of the federal anti-trust laws by the Government has pointed to the negessity of examining the general problems involved in the relationship of these antitrust laws to regulation by the several federal public utility commissions.
The Evolution of Public Utility Regulation The following sections examine public utility regulation in the gas and electric industries and the water industry. The Gas and Electric Industries Regulation in the gas and electric industries evolved in four distinct phases: the ﬁrst phase (ca.
–99) was a period of weak municipal con. As noted above, under PUHCA a holding company system or a state with a utility in a holding company system can request a FERC cost allocation. While it may be that such a FERC cost allocation determination would be binding, perhaps preemptive, the FERC has not decided at this time that such a cost allocation determination would be by: 2.
The Public Utility Holding Company Act of By E. OSTRANDER* T HE Public Utility Act of I' is in effect two separate acts.
Title I of the Act is cited as the "Public Utility Holding Company Act of " and is applicable, generally speaking, to holding companies in the electric and gas utility fields. Title II of the Act. Under the interim final rule, a "Qualifying TruPS Collateral" is defined by reference to the standards in section (b)(4)(C) of the Dodd-Frank Act to mean any trust preferred security or subordinated debt instrument issued prior to by a depository institution holding company that, for any reporting period within the 12 months.
In the United States, utility companies are regulated at the state and municipal levels by public service commissions. The Federal Energy Regulatory Commission (FERC) is the U.S. government agency. Public Utility Holding Company Act of Federal legislation that regulates public utility holding companies by requiring that certain reports and major company decisions follow regulations handed down by the Securities and Exchange Commission and the federal government.
The SEC is permitted to regulate all non-utility related business. The following Guidelines for Cost Allocations and Affiliate Transactions (Guidelines) are intended For example, The Public Utility Holding Company Act the greater of prevailing market price or net book value, except as otherwise required by law or regulation.
Generally, transfer of assets from an affiliate to the utility should be at. The Federal Trade Commission staff has submitted a comment to the Pennsylvania Public Utility Commission (PUC) on a proposed rulemaking that would update rules and regulations that provide retail electricity pricing transparency to residential.
Full Title: Public Utility Holding Company Act of /ETC Document Type(s): Report and Order Bureau(s): Managing Director, General Counsel Description: Implementation of Section 34(a)(1) of the Public Utility Holding Company Act ofas added by Section of the Telecommunications Act of Qualifying facilities must meet technical standards regarding energy source and efficiency but are exempt from state and federal regulation under the Federal Power Act and the Public Utility Holding Company Act.
In addition, the federal government allows a 15 percent energy tax credit while continuing an existing 10 percent investment tax credit. BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION IN THE MATTER OF THE APPLICATION) and managing all Federal and state tax audits. The only exception is payroll taxes, which are calculated and filed by PNM Resources filed as a registered holding company under the Public Utility Holding Company Act of ("PUHCA").
As a result of. We note that the federal books and records access provision, sectionand the non-power goods and services provision, sectionof PUHCA supplement the Commission's existing ratemaking authority under the Federal Power Act (FPA) to protect customers against improper cross- subsidization or encumbrances of public utility assets \7.
PUBLIC UTILITY HOLDING COMPANY ACT OF AS AMENDED _____ AN ACT. To provide for control and regulation of public utility holding companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, that this Act may be cited as the “Public Utility Act of ”.
The issuer must either be: (a) subject to the jurisdiction of the interstate commerce commission (no longer exists); (b) a registered holding company under the Public Utility Holding Company Act of ; (c) regulated in respect of its rates and charges by certain governmental authorities; or (d) regulated in respect of the issuance or.
Public utility holding companies, Consolidation or merger ofi utilities 81, Abandonment; commission approval required. 84 Payment ofcommission'sholding company regulation costs. Payment of commission's expenditures by utilities. Assessment of costs against municipalities.
The Public Utility Holding Company Act of was the result of what many American historians call "the fiercest congressional battle in history." While this assertion is a matter of opinion and open to interpretation, it is a fact that this piece of New Deal legislation presents an interesting case study in human behavior.
An interruption of electricity that does not produce a declaration by a public official is not an emergency for purposes of the regulation and does not exempt a motor carrier or driver from the FMCSRs. A call reporting a downed power line, whether directed to the State police or a public utility company, does not create a declared emergency.
Under the Public Utility Holding Company Act of (PUHCA ) and other laws, federal agencies and state commissions have traditionally regulated utilities to protect consumers from supply disruptions and unfair pricing. The Energy Policy Act of (EPAct) repealed PUHCAremoving some limitations on the companies that could merge with or.
Recent Tendencies in the Regulation of Public Utility Holding Companies Ernest O. Eisenberg Report of Special Pdf on Control and Conduct of Public Utilities under Chapter 55 of the Resolves of (Mass.) taken from United States 8 Witness the success of the book, "The Holding Company" by Bonright and Means.Federal Regulation at the Intersection of Energy and Climate.
Decem Cheryl LaFleur. of the Utility Download pdf National Grid, which serves electricity to over three million customers. I keep myself busy full time, but I, you can only be on one public utility board under the FERC interlock rules. And I thought a regional market.Adoption of revisions of the uniform system of accounts for mutual service companies ebook subsidiary service companies, under the Public Utility Holding Company Act ofto permit orderly destruction of certain records of service companies, United States.
Securities and Exchange Commission. PDF.