DEFINITION
Public Interest Goals

Public interest goals of electric utility regulation include: 1) interand intraclass and intergenerational equity); 2) the equal treatment of equals (horizontal equity); 3)balancing long and shortterm goals that have the potential to affect intergenerational balance; 4)protecting against the abuse of monopoly power; and 5) general protection of the health and welfare of the citizens of the state, nation, and world. Environmental and other types of social costs are subsumed under the equity and health and welfare responsibilities.

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