Document Type
Article
Publication Title
Harvard Environmental Law Review
Abstract
Exit fees are a key regulatory tool to allocate the risk of power deregulation. Forty percent of the states have elected to restructure and at least significantly deregulate their retail power sectors. This involves a substantial change in the legal rules that govern one of the essential segments of the economy. Deregulation allows power consumers to leave traditional monopoly utility supply and shift to competitive sellers of power, and in certain states, many consumers have done so. How can states treat the stranded costs of the monopoly utilities? This article explores the issue of exit fee regulation of the various states that have deregulated their retail power sectors. It analyzes Constitutional issues and regulatory policies.
First Page
109
Last Page
176
Publication Date
2002
Recommended Citation
Steven Ferrey, Exit Strategy: State Legal Discretion to Environmentally Sculpt the Deregulating Electric Environment, Harv. Env't L. Rev. 109 (2002).
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