Recovery of stranded costs an issue in Massachusetts' new deregulation law

Kaplan, David
December 1997
Bond Buyer;12/17/97, Vol. 322 Issue 30294, p35
Trade Publication
Reports in December 1997, that Moody's Investors Service's signing of Massachusett's electricity deregulation law does not address the recovery of public utilities stranded costs. Credit pressures which the Massachusetts Municipal Wholesale Electricity Company (MMWEC) will face; Moody's rating for MMWEC revenue bonds; Description of the legislation; Critique of the legislation by Moody's analysts Dan Aschenbach and Chee Mee Hu.


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