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TeachMeFinance.com - explain Public Utility Regulatory Policies Act of 1978 Public Utility Regulatory Policies Act of 1978 The term 'Public Utility Regulatory Policies Act of 1978' as it applies to the area of energy can be defined as ' The Public Utility Regulatory Policies Act of1978, passed by the U.S. Congress. This statute requires States to implement utility conservation programs and create special markets for co-generators and small producers who meet certain standards, including the requirement that States set the prices and quantities of power the utilities must buy from such facilities'. Previous 5 Terms: Public utility Public utility district Public Utility Holding Company Act (PUHCA) Public Utility Holding Company Act of 1935 (PUHCA) Public Utility Regulatory Policies Act (PURPA) Next 5 Terms: Public Utility Regulatory PoliciesAct (PURPA) of 1978 public water use Publications Publicly owned electric utility Publics About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.