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Article: COMMISSIONER OF FEDERAL ENERGY REGULATORY COMMISSION SPITZER TESTIFIES BEFORE SENATE PANEL
- Article from:
- US Fed News Service, Including US State News
- Article date:
- May 1, 2008
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The U.S. Department of Energy's Federal Energy Regulatory Commission issued the following testimony:
Testimony of Marc SpitzerCommissioner, Federal Energy Regulatory Commission
Before the Committee on Energy and Natural ResourcesUnited States Senate
The first and noblest mission of utility regulation is the protection of the ratepaying public. The Federal Energy Regulatory Commission (FERC) and state utility commissions share this important mission through a matrix of federal and state rules. The primary obligation of FERC is to ensure reliable wholesale energy supplies at just and reasonable rates. As described in Chairman Kelliher's testimony, FERC has adopted a number of mechanisms to ...