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Regulation of Electricity by Federal and State Agencies

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How electricity production, transmission & marketing is regulated by federal and state agencies.

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Public utility rates and standards of service are overseen by state regulatory commissions and by such federal agencies as the Federal Energy Regulatory Commission (FERC), the Securities and Exchange Commission (SEC), and the Federal Communications Commission (FCC). These federal agencies supervise utilities conducting interstate business. Rates are subject to review by the courts, which have established that they cannot earn excessive profits.

In 1992 President Bush signed the Energy Policy Act, which contained measures that would help spur production of domestic energy resources.
Its provisions included:
-credit for electricity generated from renewable ...

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