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The Public Utility Commission of Texas (PUC or PUCT) is a state agency that regulates the state’s electric, water and telecommunication utilities, implements respective legislation, and offers customer assistance in resolving consumer complaints.
In some cases, government bodies with the title "public service commission" may be civil service oversight bodies, rather than utilities regulators. The National Association of Regulatory Utility Commissioners [ 9 ] is the national association representing the interests of the public utilities commissions in all 50 states.
The commission was established in 1907 and the First Oklahoma Legislature gave the commission authority to regulate public service corporations. [4]Railroad, telephone and telegraph companies were the companies first regulated by the commission, which also collected records of the stockholders, officers and directors of corporations chartered or licensed to do business in Oklahoma. [4]
Nebraska Public Service Commission; Nevada Public Utilities Commission; New Hampshire Public Utilities Commission; New Jersey Board of Public Utilities; New Mexico Public Regulation Commission; New York Public Service Commission; North Carolina Utilities Commission; North Dakota Public Service Commission
Following the storm, the Oklahoma corporation commission agreed to let Oklahoma utility companies use state bonds to pay off the nearly $3 billion in costs and recoup that money from customers ...
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In April 2021, Governor Greg Abbott appointed Lake as chairman of the Public Utility Commission of Texas, following the resignation of DeAnn Walker from the position. The appointment came in the aftermath of the 2021 Texas power crisis. [5] [6] As PUC chairman, Lake was tasked with rebuilding stakeholder trust and increasing transparency.
Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [1] Ratemaking, typically carried out through "rate cases" before a public utilities commission , serves as one of the primary instruments of government regulation of ...