Chapter 25 - Assignment 3: Utilities Regulated by the New York State Public Services Commission

Examine the list of utilities that are regulated by the New York State Public Services Commission.

  1. What shared characteristic of each of these industries results in the existence of a "natural monopoly?"
  2. Read the descriptions of the revisions in the regulatory structure of electric power distribution. Describe the differences between the old regulatory structure and the new structure. What is the rationale for this change?
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