A law enacted in 1935 to control the corporate monopoly abuses and misconduct arising from utility market power and insufficient regulatory resources to mitigate it. PUHCA defines allowable structures by which utilities may organize and vests regulatory authority over various financial and corporate matters with the Securities and Exchange Commission (SEC). The National Energy Policy Act of 1992 amended several sections of PUHCA, enabling electric utilities to compete in the independent power market without becoming subject to its terms.
« Back to Glossary Index
Sign Up for Updates
"*" indicates required fields