National Energy Security Act of 1991: Hearing Before the Committee on Energy and Natural Resources, United States Senate, One Hundred First[-Second] Congress, First Session, on S. 341 ...

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Page 454 - Would you tell me, please, which way I ought to go from here ?' 'That depends a good deal on where you want to get to,' said the Cat. 'I don't much care where ' said Alice. 'Then it doesn't matter which way you go,
Page 494 - NARUC is a quasi-governmental nonprofit organization founded in 1889. Within its membership are the governmental bodies of the fifty States engaged in the economic and safety regulation of carriers and utilities. The mission of the NARUC is to serve the public interest by seeking to improve the quality and effectiveness of public regulation in America. More specifically, .the NARUC contains the State officials charged with the duty of regulating the retail rates and services of electric and gas •...
Page 104 - Act, including accounts, records, and memoranda of the generation, transmission, distribution, delivery, or sale of electric energy, the furnishing of services or facilities in connection therewith, and receipts and expenditures with respect to any of the foregoing...
Page 30 - Public-utility company" means an electric utility company or a gas utility company. (6) "Commission" means the Securities and Exchange Commission. (7) "Holding company" means — (A) any company which directly or indirectly owns, controls, or holds with power to vote...
Page 34 - ... necessary or appropriate in the public interest and consistent with the protection of Investors and the purpose fairly Intended by the policy and provisions of this title.
Page 380 - The failure of the nuclear power program ranks as the largest managerial disaster in business history, a disaster on a monumental scale. The utility industry has already invested $125 billion in nuclear power, with an additional $140 billion to come before the decade is out, and only the blind, or the biased can now think that most of the money has been well spent. It is a defeat for the US consumer and for the competitiveness of US Industry, for the utilities that undertook the program and for the...
Page 374 - Framers regarded the checks and balances that they had built into the tripartite Federal Government as a self-executing safeguard against the encroachment or aggrandizement of one branch at the expense of the other.
Page 375 - We think its fair import is that any appointee exercising significant authority pursuant to the laws of the United States is an Officer of the United States, and must, therefore, be appointed in the manner prescribed by 2, cl.
Page 345 - FERC-regulated costs of power purchased at wholesale; and WHEREAS, Despite these decisions, the bulk of electric power costs and rates are determined by State regulatory commissions, including the costs of facilities used to provide wholesale sales and transmission service for which FERC establishes rates and conditions of service. Moreover, States retain exclusive jurisdiction over the siting of transmission facilities used for both inter and intrastate service; and WHEREAS, In recent years, the...
Page 502 - USC sec. 824, or successor provision(s). Jurisdiction over multistate transactions of other utility systems should also be exercised by such voluntarilyestablished regional bodies, but without default to FERC. 4. Congress should authorize the creation of multistate compacts consistent with basic principles of administrative efficiency and fairness. States which voluntarily form such compacts would collectively determine rules of governance and internal procedures; and be it further RESOLVED, That...

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