Area Descriptions:
Page Description - this page contains information related to regulator
professionalism and integrity.
Professionalism:
- A Letter to Governors and
Legislators: On Appointing Excellent Regulators - by Scott Hempling,
NRRI Executive Director -
http://www.EnergyCollection.us/Energy-Regulators/Letter-Governors.pdf
- The Prudent Regulator: Politics,
Independence, Ethics, and the Public Interest - by Janice
Beecher of Michigan State University - Prudence is a principle central to
the theory and practice of public utility regulation, a hallowed standard of
review by which utility behaviors and decisions are judged. The concept of
prudence might well be applied to the institution of regulation itself and
those responsible for its endurance. By nature and necessity, regulation is
a political process, but by design it works best with a substantial degree
of independence and when regulators are deeply committed to the ethical
performance of their charge. The prudent regulator considers their own
behavior not in narrow terms of technical compliance with codes of conduct,
but in broader terms of institutional sustainability. The price of
imprudence is paid not only by those whose impropriety betrays the public‟s
trust, but by the very institutions they are entrusted to serve. Adopting an
institutional perspective, this review idealizes the prudent regulator by
examining the intricately related and largely inseparable constructs of
politics, independence, and ethics, and the transcendent imperative of
regulation in the public interest -
http://www.EnergyCollection.us/Energy-Regulators/Prudent-Regulator.pdf