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S. HRG. 102-362

LEGISLATION TO AMEND THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935

HEARING

BEFORE THE

SUBCOMMITTEE ON SECURITIES

OF THE

COMMITTEE ON

BANKING, HOUSING, AND URBAN AFFAIRS UNITED STATES SENATE

ONE HUNDRED SECOND CONGRESS

FIRST SESSION

ON

HOW WILL THE LEGISLATION AFFECT THE FOLLOWING ITEMS: [1] RATES CONSUMERS PAY FOR ELECTRICITY? [2] COMPETITION IN THE POWER INDUSTRY? [3] THE NATIONS ENERGY SUPPLY FOR DECADES TO COME? AND [4] FEDERAL AND STATE LAWS DESIGNED TO PROTECT CONSUMERS AND SHAREHOLDERS FROM ABUSES AND CONFLICTS OF INTEREST?

SEPTEMBER 17, 1991

S. HRG. 102-362

LEGISLATION TO AMEND THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935

HEARING

BEFORE THE

SUBCOMMITTEE ON SECURITIES

OF THE

COMMITTEE ON

BANKING, HOUSING, AND URBAN AFFAIRS
UNITED STATES SENATE

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HOW WILL THE LEGISLATION AFFECT THE FOLLOWING ITEMS: [1]
RATES CONSUMERS PAY FOR ELECTRICITY? [2] COMPETITION IN THE
POWER INDUSTRY? [3] THE NATIONS ENERGY SUPPLY FOR DECADES
TO COME? AND [4] FEDERAL AND STATE LAWS DESIGNED TO PRO-
TECT CONSUMERS AND SHAREHOLDERS FROM ABUSES AND CON-
FLICTS OF INTEREST?

SEPTEMBER 17, 1991

Printed for the use of the Committee on Banking, Housing, and Urban Affairs

49-970

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1992

For sale by the U.S. Government Printing Office

Superintendent of Documents, Congressional Sales Office, Washington, DC 20402

ISBN 0-16-037474-X

[blocks in formation]

RICHARD C. SHELBY, Alabama
TIMOTHY E. WIRTH, Colorado

ALAN CRANSTON, Califorina

TERRY SANFORD, North Carolina

JIM SASSER, Tennessee

PHIL GRAMM, Texas

WILLIAM V. ROTH, JR, Delaware
ALFONSE M. D'AMATO, New York
CHRISTOPHER S. BOND, Missouri
CONNIE MACK, Florida

MARTHA L. COCHRAN, Staff Director and Chief Counsel

MICHAEL J. STEIN, Financial Policy Analyst

BRADLEY D. BELT, Republican Counsel
IRA PAULL, Republican Counsel

(II)

92-172204

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