Public Utility Holding Company Act | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-14

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Public_Utility_Holding_Company_Act_of_1935


00:01:01 1 Context
00:01:54 2 Summary
00:05:45 3 Legacy
00:07:51 4 See also



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SUMMARY
=======
The Public Utility Holding Company Act of 1935 (PUHCA), also known as the Wheeler-Rayburn Act, was a law that was passed by the United States Congress to facilitate regulation of electric utilities, by either limiting their operations to a single state, and thus subjecting them to effective state regulation, or forcing divestitures so that each became a single integrated system serving a limited geographic area. Another purpose of PUHCA was to keep utility holding companies that were engaged in regulated businesses from engaging in unregulated businesses.
On August 8, 2005, the Energy Policy Act of 2005 passed both houses of Congress and was signed into law, repealing PUHCA.