US utilities face two crucial issues in 2012: Edison Electric Institute
Preserving the ability of electric utilities to use OTC derivatives for hedging purposes and maintaining low tax rates on dividends are two of the most pressing issues facing utilities in 2012 and it’s important regulators and utilities are on the same page, writes Richard McMahon of the Edison Electric Institute
Rhetoric is growing more heated in Washington, DC over two financial issues of great importance to the electric power industry – regulating the country’s over-the-counter derivatives markets and setting the tax rates on dividends and capital gains. Both issues hold great significance not only for electric utilities as they work to build a more efficient, clean, and reliable electric power system, but
also for the US nation as a whole, as Congress considers efforts to create jobs and grow the
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