Lengthy Case Processing Causes Overlapping of Electric Rate Increases
RCED-83-147
Published: Aug 01, 1983. Publicly Released: Aug 15, 1983.
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Highlights
In response to a congressional request, GAO reviewed the subject of the electric utilities' practice of "pancaking" rate increases. Pancaking is the stacking of one unadjudicated rate increase on top of another before the Federal Energy Regulatory Commission (FERC) has approved them.
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