Electricity: Innovation and Competition : Hearing Before the Subcommittee on Energy and Power of the Committee on Commerce, House of Representatives, One Hundred Fifth Congress, First Session, September 5, 1997, Volume 4

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Page 78 - The Merit Shop philosophy of awarding construction contracts to the lowest responsible bidder, regardless of labor affiliation, through open and competitive bidding, assures taxpayers and consumers the most value for their construction dollar.
Page 4 - telephone" has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.
Page 9 - PREPARED STATEMENT OF HON. FRANK PALLONE, JR., A REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW JERSEY Thank you, Mr.
Page 79 - ... competition, as a rule. The deregulation of the utility industry in this country may be accorded a similar response if it is accompanied by steps designed to ensure that resulting competition is other than imperfect, unbalanced, and generally unfair, discriminatory and, ultimately, anti-competitive. (b) Cross-subsidization Of all the abuses which can accompany deregulation, the potential for cross-subsidization is the most substantial and significant. Cross-subsidization, usually impermissible...
Page 39 - EPRI's work covers a wide range of technologies related to the generation, delivery, and use of electricity, with special attention paid to cost-effectiveness and environmental concerns.
Page 82 - Separation of utility and non-utility functions and operations. As utilities are restructured in a competitive environment, there will be a need to configure them in such a way as to assure that those functions, and only those functions, which are inherent to the utility monopoly franchise are not co-mingled with competitive operations. This be especially true at the distribution level (DISCO) which will lie partly within utility and partly within competitive, private sector markets.
Page 78 - ... utility industry in this country can be accorded a similar response if it is accompanied by steps designed to ensure that resulting competition is in fact free, fair, and open. Absent this, deregulation will be imperfect, unbalanced, and generally unfair, discriminatory and, ultimately, anti-competitive. The primary obstacle to free, fair and open competition in existing markets, as well as emerging ones, is the ability of the utility to leverage its entry into, and penetration of, traditional...
Page 40 - ... power transactions has already increased four-fold in the last decade, so that about one-half of the electricity now generated in the United States is sold on the wholesale market before it is delivered to customers. This figure may rise to two-thirds as deregulation progresses. Such growth, however, comes at a time when many parts of the North American transmission system are already operating close to their stability limits, as illustrated by recent widespread outages in the Western states....
Page 30 - US HOUSE OF REPRESENTATIVES, COMMITTEE ON COMMERCE, SUBCOMMITTEE ON ENERGY AND POWER, Washington, DC.
Page 22 - Chairman and Members of the Committee. I appreciate the opportunity to participate in today's hearing and thank you for your invitation. I am Tony Prophet, President of AlliedSignal Power Systems.

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