Public Utilities Regulatory Policy Act

[AI summary unavailable — showing source text] Public Utilities Regulatory Policy Act - Requires each State regulatory authority and each nonregulated utility to furnish all available information to the Secretary of Energy which the Secretary deems necessary to determine the costs associated with providing natural gas or electric service. Authorizes the Secretary to intervene in any proceeding which relates to utility rates or rate design of regulated or nonregulated utilities. Requires the Secretary to report to Congress on any such intervention and include in such report observations and recommendations concerning opportunities to improve utility ratemaking and management policies to achieve greater energy conservation and optimize the use of facilities and resources by utilities. Directs the Secretary, in consultation with the Federal Energy Regulatory Commission, to study and report to Congress on gas utility rate design, together with proposals to improve such rate design and to encourage conservation of natural gas. Establishes the National Regulatory Research Institute under the auspices of the National Association of Regulatory Utility Commissioners to provide State regulatory authorities with an independent source of a…