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
专业法律词汇 词条贡献者
译者Stephen,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与国际环境保护法规相关的法律文件。
Scroll to Top