General Utility Issues

Background

The U.S. has long regulated utilities to protect the public interest and limit monopoly pricing. In the past, utilities were granted exclusive service territories. Regulations required them to charge all consumers fair, reasonable rates. And services had to meet quality and safety standards. In exchange, the government allowed utilities to earn a reasonable profit, as determined by regulators. In recent decades, utility services have faced changes in the scope and nature of this regulation.

Found in General Utility Issues