Stipulated settlements, the consumer advocate and utility regulation in Florida
Stipulated settlements, the consumer advocate and utility regulation in Florida
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佛罗里达州的规定和解、消费者权益保护和公用事业监管
DOI:
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发表时间:
2009
期刊:
影响因子:
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通讯作者:
S. Littlechild
中科院分区:
文献类型:
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作者:
S. Littlechild
US utility regulation is evolving. Negotiated or stipulated settlements have begun to replace or supplement litigation, but relatively little seems to be known about this practice. This paper presents evidence from Florida. During 1976–2002, 30% of earnings reviews were settled by stipulations involving the Office of Public Counsel but only 7% of company requests. The mean value of a rate reduction was eight times larger with a stipulation than without; the median value was more than 50 times larger. Over three quarters of the rate reductions associated with earnings reviews derived from these stipulations; excluding one exceptional case the proportion was 94%.