Regulators face big stresses as utilities make big decisions; duke executive advises courage

摘要

One state utility regulator has “a lot of sympathy” for the nregulators who will be in office 20 years from now. “It’s going nto be a very rough time.”nRon Binz, chairman of the Colorado Public Utilities nCommission, talked last week about a massive amount of ncapital spending certain to be needed, pushing retail rates up nand stressing utility balance sheets. “I think this will severely nstress state regulation as it exists today,” he said in Sacramento, nCalifornia, at the summer meeting of the National Association nof Regulatory Utility Commissioners.