Federal Electricity Regulation
Learn about the federal agencies and acts that regulate electric utilities, including the Federal Energy Regulatory Commission and the Public Utility Regulatory Policies Act.
Transcript
I. History of the Federal Energy Regulatory Commission
The history of the Federal Energy Regulatory Commission, or FERC, began with the creation of the Federal Power Commission in 1920. The Federal Power Commission was created to provide licenses for hydroelectric projects on waters owned by the federal government. In 1938, Congress passed the Natural Gas Act, which gave the Federal Power Commission authority to regulate interstate electric utilities powered by natural gas. After the oil...