rate regulation
[/reɪt ˌrɛɡjəˈleɪʃən/]
nounpl: rate regulations
regulação de tarifas
1. The governmental control and oversight of prices charged by utilities and service providers to ensure they are fair and reasonable
Rate regulation by the Public Utilities Commission ensures that electricity prices remain affordable for consumers.
A regulação de tarifas pela Comissão de Serviços Públicos garante que os preços da eletricidade permaneçam acessíveis para os consumidores.
2. The process of setting limits on rates or fees charged by regulated industries such as telecommunications, water, gas, and electricity
Strict rate regulation prevented the telecom company from raising their service fees excessively.
A regulação rigorosa de tarifas impediu que a empresa de telecomunicações aumentasse suas taxas de serviço excessivamente.
3. Legal and economic frameworks designed to protect consumers while allowing utilities to maintain operational viability
The new rate regulation framework balances consumer protection with the financial needs of energy providers.
O novo marco de regulação de tarifas equilibra a proteção do consumidor com as necessidades financeiras dos fornecedores de energia.
Rate regulation is a significant topic in both American and Brazilian contexts. In the USA, it is primarily handled by state Public Utilities Commissions (PUCs) and the Federal Energy Regulatory Commission (FERC). In Brazil, regulation falls under ANEEL (National Electric Energy Agency), ANATEL (telecommunications), and ANA (water resources). The concept reflects the need to balance consumer protection with allowing utilities to maintain infrastructure and services, and it's a frequent subject of public debate regarding cost of living in both countries.
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