automatic adjustment clause

A provision in a utility-rate schedule that allows a public utility to increase its rates without a public hearing or state review, if certain operating costs, such as the price of fuel, increase. Federal Energy Regulatory Comm’n v. Mississippi, 456 U.S. 742, 102 S.Ct. 2126 (1982). [Cases: Electricity 11.3(4, 6); Public Utilities 128, 167. C.J.S. Electricity § 33; Public Utilities §§ 36, 44–46, 48, 87, 96.] AUTOMATIC-ASSIGNMENT DOCTRINE

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词条贡献者

资深译员Steven，毕业于美国一流的高级翻译学院，专注翻译各种与政府政策有关的法律文件。