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TeachMeFinance.com - explain Public Utility Regulatory PoliciesAct (PURPA) of 1978 Public Utility Regulatory PoliciesAct (PURPA) of 1978 The term 'Public Utility Regulatory PoliciesAct (PURPA) of 1978' as it applies to the area of energy can be defined as ' One part of the National Energy Act, PURPA contains measures designed to encourage the conservation of energy, more efficient use of resources, and equitable rates. Principal among these were suggested retail rate reforms and new incentives for production of electricity by cogenerators and users of renewable resources. The Commission has primary authority for implementing several key PURPA programs'. Previous 5 Terms: Public utility district Public Utility Holding Company Act (PUHCA) Public Utility Holding Company Act of 1935 (PUHCA) Public Utility Regulatory Policies Act (PURPA) Public Utility Regulatory Policies Act of 1978 Next 5 Terms: public water use Publications Publicly owned electric utility Publics puccoon 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.