The electric power industry achieved several important victories in 2011, in the face of many considerable challenges.  Among other legislative achievements, EEI helped to secure congressional repeal of the 3% withholding provision, thus eliminating a costly administrative burden for utilities. EEI also continued its work to ensure that rules implementing the 2010 Dodd-Frank financial reform law adhere to congressional intent to exempt utilities that use over-the-counter (OTC) derivatives to manage commodity risk on behalf of their customers. This section presents an overview of the legislative and regulatory policies affecting the electric power industry.

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