Retail Rate Regulation of Local Exchange Providers in Western U.S.

摘要

All large incumbents and most small ones are under rate of return regulation. In noncompetitive markets, rate boosts of up to 6 percent and rate reductions can be decided in as few as 45 days under rate of return principles in annual filings. Other changes require full rate case. In markets wit at least one facilities-based competitor operating, dominant incumbents can cut rates or introduce bundles on 30 days' notice without state approval. Incumbents can set limited-duration promotional rates to match competition without state approval.