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

双语律师蓉婧，国内知名法学院民商法专业，擅长翻译各类与数据隐私及安全相关的法律文件。