The Regulation of Public Utilities
Date of Submission
Master of Science in Accounting
Call No. at the Univ. of New Haven Library
AS 36 .N29 Acc. 1993 no.6
Public Utilities in general are natural monopolies. As such, they have some unusual economic characteristics and pricing policies which have evolved over the years. The purpose of this thesis is to study just what makes
public utilities unique, and how these unique characteristics have been dealt with over time.
As a public utility employee, even though I have had little experience in the "rate case” area, my sources included not only the references listed, but
also my own personal observations.
It appears that traditional regulation took a long time to develop, moved slowly through some very painful stages, was somewhat effective for a time, but is
probably in its twilight years today. The complexion of the public utility industry is changing rapidly, and the form of regulation has to change with it.
Nemergut, Elizabeth A., "The Regulation of Public Utilities" (1993). Master's Theses. 100.