What are the roles of the state and federal government in regulating public utilities?

In the state of Florida, both the state and federal government have important roles in regulating public utilities. These roles include establishing policies, setting regulations, and monitoring compliance. At the state level, the Florida Public Service Commission (PSC) is the primary regulator of public utilities. The PSC is responsible for reviewing rates, approving service-related agreements, and resolving consumer complaints. The PSC also sets standards regarding service quality and guarantees customers a safe and reliable supply of energy. At the federal level, the Federal Energy Regulatory Commission (FERC) regulates interstate energy markets and the transmission of energy. The FERC works with states to ensure that energy sources are reliable and cost-effective and that the public is served fairly. The FERC also promotes innovation and investment in energy markets. Additionally, the Environmental Protection Agency (EPA) sets limits on air and water pollutants to protect public health and the environment. The EPA provides grants to states to assist with energy efficiency and renewable energy initiatives and regulates hazardous pollutants. Overall, both the state and federal governments play an important role in regulating public utilities. The state is responsible for establishing rates and resolving consumer complaints, while the federal government promotes innovation and sets standards for the transmission of energy and the protection of the environment. Through these roles, both the state and federal governments ensure that public utilities remain safe, reliable, and cost-effective.

What are the roles of the state and federal government in regulating public utilities?

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