Effective Regulation of Public Utilities
[T]he word "right" is one of the most deceptive of pitfalls; it is so easy to slip from a qualified meaning in the premise to an unqualified one in the conclusion. Most rights are qualified.
American Bank & Trust Co. v. Federal Reserve Bank, 256 U.S. 350, 358 (1921)
Florida arbitration: Municipalization and financial responsibility for stranded investment in light of FERC’s Order 888
This report, submitted on behalf of a Florida municipality in arbitration with the local utility, addresses financial responsibility for stranded investment in light of FERC’s Order 888.