The Public Utility Holding Company Act of 1997--S. 621: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fifth Congress, First Session, on S. 621 ... April 29, 1997, Volumen4U.S. Government Printing Office, 1998 - 310 páginas |
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Página 30
... merged into the utility . We lost in excess of $ 1 billion because of that diversification pro- cedure in non - utility - related areas . In fact , those losses in 1 year exceeded the utility's entire earnings . We had to suspend the ...
... merged into the utility . We lost in excess of $ 1 billion because of that diversification pro- cedure in non - utility - related areas . In fact , those losses in 1 year exceeded the utility's entire earnings . We had to suspend the ...
Página 36
... merging them in as divisions or aspects of the then - existing util- ity . I suspect that would be more difficult for our State regulatory bodies to deal with in terms of allocation of costs and oversight , but would be consistent ...
... merging them in as divisions or aspects of the then - existing util- ity . I suspect that would be more difficult for our State regulatory bodies to deal with in terms of allocation of costs and oversight , but would be consistent ...
Página 51
... merging companies to take certain actions , or they can simply reject it . Second , the generation and wholesale transmission segments of the electric power industry are already competitive ; the FERC's open access transmission rule is ...
... merging companies to take certain actions , or they can simply reject it . Second , the generation and wholesale transmission segments of the electric power industry are already competitive ; the FERC's open access transmission rule is ...
Página 92
... merge or consolidate jurisdictional facilities or any part thereof with those of any other person , or purchase , acquire , or take any security of any other public utility , unless it first obtains authoriza- tion from the Commission ...
... merge or consolidate jurisdictional facilities or any part thereof with those of any other person , or purchase , acquire , or take any security of any other public utility , unless it first obtains authoriza- tion from the Commission ...
Página 96
... merge with another holding company , the public utilities of those companies would be required to file evidence to rebut the presumption that such a merger would result in an indirect merger of the public utilities , or alternatively ...
... merge with another holding company , the public utilities of those companies would be required to file evidence to rebut the presumption that such a merger would result in an indirect merger of the public utilities , or alternatively ...
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Términos y frases comunes
abuses acquisition affiliate transactions agencies approval argue assets authority benefits books and records capacity Chairman CINergy commenters Commission's Committee concerns Congress consolidation consumer protection corporate costs customer choice diversification Docket effect electric industry electric power industry electric utility electricity markets Enova Energy ensure entities factors Federal Power Act FERC filed geographic markets Guidelines hearing Holding Company Act holding company systems issues jurisdictional facilities legislation market concentration market power merger applicants Merger Policy merging mitigate monopoly Morgan Stanley NARUC natural gas non-utility NorAm Energy open access operating Policy Statement potential power marketer proposed merger public interest Public Utility Holding PUHCA repeal rate-payers rates registered holding companies regulation relevant repeal of PUHCA require restructuring retail SDG&E SEC's section 203 Senator Southern Company structure suggest sumers suppliers transmission constraints utility companies utility holding companies utility subsidiaries wholesale
Pasajes populares
Página 49 - ... necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Página 290 - State regulation of such companies, or when control of such companies is exerted through disproportionately small investment; (4) when the growth and extension of holding companies bears no relation to economy of management and operation or the integration and coordination of related operating properties...
Página 48 - Public Utility Holding Company Act Amendments: Hearings on S. 1869, S. 1870 and S. 1871 Before the Subcomm. on Securities of the Senate Comm. on Banking, Housing, and Urban Affairs, 97th Cong., 2d Sess.
Página 69 - Demands that utility acquisitions "serve the public interest by tending toward the economical and efficient development of an integrated public-utility system.
Página 82 - ... reasonably incidental, or economically necessary or appropriate
Página 54 - NARUC's members regulate the retail rates and services of electric, gas, water and telephone utilities. We have the obligation under state law to assure the establishment and maintenance of such energy utility services as may be required by the public convenience and necessity, and to ensure that such services are provided at rates and conditions that are just, reasonable and nondiscriminatory for all consumers.
Página 61 - Commission under the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the...
Página 117 - After notice and opportunity for hearing, if the Commission finds that the proposed disposition, consolidation, acquisition, or control will be consistent with the public interest, it shall approve the same.
Página 138 - No public utility shall sell, lease, or otherwise dispose of the whole of its facilities subject to the jurisdiction of the Commission, or any part thereof of a value in excess of $50,000, or by any means whatsoever, directly, or indirectly, merge or consolidate such facilities or any part thereof with those of any other person, or purchase, acquire, or take any security of any other public utility, without first having secured an order of the Commission authorizing it to do so.
Página 117 - ... (b) No natural-gas company shall abandon all or any portion of its facilities subject to the jurisdiction of the Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission first had and obtained, after due hearing, and a finding by the Commission that the available supply of natural gas is depleted to the extent that the continuance of...