The Wisconsin PSCW issued a notice that it will open a
proceeding to determine the amount that Verizon North. Inc. (Verizon),
may increase, or must decrease, its price-regulated rates pursuant to
Wis.Stat. § 196. 196(1)(c) and Wis. Admin. Code § PSC 163.04(1).
Price regulation is an optional method of regulation whereby
companies are allowed flexibility to change prices within specified limits,
regardless of profits. Average prices for basic local services are limited by a
formula based on inflation, minus a productivity offset, plus incentives or
penalties based on performance relating to service quality and infrastructure
investment. Verizon services currently subject to this price-regulation
formula are basic local exchange service and standard business access times and
usage by small businesses with no more than three access lines.
Docket 2180-TI-145.
