A truly open market

Article Abstract:

Government-owned utilities enjoy an unfair advantage over shareholder-owned utilities. Government-owned utilities, for instance, are tax-exempt while shareholder-owned utilities paid $25.9 billion in taxes in 1997. Government utilities also use tax-free bonds to finance facility construction. It is argued that these advantages hinder competition in the electricity industry. However, a bill by Representative Philip English, which will prevent competitors from using unfair advantages, could resolve this problem.

Laws, regulations and rules, Public utilities, Deregulation

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President's message

Article Abstract:

The Edison Electric Institute (EEI) has reiterated that the organization's approach to the transition in the electricity markets should be based on the principles of efficient competition and fair choice. EEI is urging its members to commit to common goals that will set public policies advantageous to the industry's long-term interests. EEI has the responsibility to define and outline the basic principles that will serve the needs of its members, their customers and investors.

Business Associations, Trade Associations, Management, Associations, Edison Electric Institute

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The first necessities of progress: industry has never had more at stake in reaching consensus on a national energy policy

Article Abstract:

The shareholder-owned electric utility industry is struggling to satisfy the nation's energy needs against wilting investor confidence. The role of restlessness and discontent as the first requisites for progress, followed by the various policies that must be implemented are discussed.

United States, Market information - general, Financial management, Supply and demand, Investor relations

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