One of the traditional reasons for government intervention in the marketplace is market failure. A classic example of a market failure is a natural monopoly such as a public utility. Most economists agree that government...more
In March 2020, the Pennsylvania Public Utility Commission (PUC) issued an emergency order that prohibits Pennsylvania electric, natural gas, water, wastewater, telecommunications, and steam utilities from terminating...more
8/31/2020
/ Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Failure To Pay ,
Goods or Services ,
Infectious Diseases ,
Moratorium ,
Natural Gas ,
Operators of Essential Services ,
Public Utilities Commission ,
Public Utility ,
Wastewater
In several recent cases, the Pennsylvania Public Utility Commission (PUC or Commission) simultaneously ordered: (1) the commencement of an investigation into whether the Commission should order a troubled small water or...more
In one of the first acquisitions to be decided pursuant to a 2016 amendment to the Pennsylvania Public Utility Code (Code) that allows a public utility to rate base fair market value instead of depreciated original cost, the...more