JOURNAL ARTICLE

Today's Rent‐Seeking in Public Utility Regulation.

  • Published In: Climate & Energy, 2024, v. 41, n. 5. P. 9 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Costello, Kenneth W. 3 of 3

Abstract

A current regulatory issue in the United States centers on the business model of utilities, which includes asking to what extent utilities should broaden their activities to satisfy society‐wide political demands. There seems to be an inherent discordance between treating utilities as both a for‐profit business and a purveyor of public goods. This tension complicates efforts to achieve a political equilibrium (i.e., a consensus) and retain the traditional objective of utility regulation to assure "just and reasonable" prices and reliable service for households, businesses, and other users of utility services. Added objectives in recent years, as I argue below, clash with those traditional objectives. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Climate & Energy. 2024/12, Vol. 41, Issue 5, p9
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2024
  • ISSN:2692-3831
  • DOI:10.1002/gas.22434
  • Accession Number:180704054
  • Copyright Statement:Copyright of Climate & Energy is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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