TeachMeFinance.com - explain Public Utility Regulatory Policies Act of 1978
Public Utility Regulatory Policies Act of 1978 The term 'Public Utility Regulatory Policies Act of 1978' as it applies to the area of energy can be defined as ' The Public Utility Regulatory Policies Act of1978, passed by the U.S. Congress. This statute requires States to implement utility conservation programs and create special markets for co-generators and small producers who meet certain standards, including the requirement that States set the prices and quantities of power the utilities must buy from such facilities'.
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