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Author: William Iulo
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 180
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Book Description
Author: William Iulo
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 180
Get Book Here
Book Description
Author: William Iulo
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 180
Get Book Here
Book Description
Author: William Iulo
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 82
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Book Description
Author: John E. Kwoka Jr.
Publisher: Springer Science & Business Media
ISBN: 0585229651
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.
Author: William Iulo
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 180
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Book Description
Author: Ernst R. Berndt
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 31
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Book Description
Using multiple regression methods, we have undertaken a statistical "benchmark" study comparing system average electricity rates charged by three California utilities with 96 other US utilities over the 1984-93 time period. Although system average electricity rates are much higher in California than for the national average, we conclude that use of such unadjusted prices provides no meaningful information on how one evaluates the performance of utility management. Rather, we find that average electricity prices are affected to a large extent by a number of factors outside direct and immediate management control, such as local costs of doing business, the availability of low-cost generation sources (e.g., hydro and coal), customer and service territory characteristics such as customer density, use per customer, and a number of regulatory and environmental factors. Once one controls for these various factors, the remaining impact of utility management on system average rates is rather modest, and for the California utilities the impact of utility management (relative to the national average) is insignificantly different from zero. This finding of no difference in prices, holding constant the effects of factors outside of California utilities' control, is robust, being sustained in a large number of alternative models and estimation methods.
Author: Lawrence J. Hill
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 322
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Book Description
Author: Gregory A. Shawley
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 34
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Book Description
Author: Charles E. Olson
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 120
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 106
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Book Description
Performance-Based Ratemaking (PBR) is a form of utility regulation that strengthens the financial incentives to lower rates, lower costs, or improve nonprice performance relative traditional regulation, which the authors call cost-of-service, rate-of-return (COS/ROR) regulation. Although the electric utility industry has considerable experience with incentive mechanisms that target specific areas of performance, implementation of mechanisms that cover a comprehensive set of utility costs or services is relatively rare. In recent years, interest in PBR has increased as a result of growing dissatisfaction with COS/ROR and as a result of economic and technological trends that are leading to more competition in certain segments of the electricity industry. In addition, incentive regulation has been used with some success in other public utility industries, most notably telecommunications in the US and telecommunications, energy, and water in the United Kingdom. In this report, the authors analyze comprehensive PBR mechanisms for electric utilities in four ways: (1) they describe different types of PBR mechanisms, (2) they review a sample of actual PBR plans, (3) they consider the interaction of PBR and utility-funded energy efficiency programs, and (4) they examine how PBR interacts with electric utility resource planning and industry restructuring. The report should be of interest to technical staff of utilities and regulatory commissions that are actively considering or designing PBR mechanisms. 16 figs., 17 tabs.
