Electric utility system planners must design system capacity expansion paths that satisfy generation requirements at least cost. Historically, doing this required information regarding the system load duration curve and alternative fuel and capital costs. By putting fuel and capital costs into a...

The first half of this paper overviews traditional methods of rate-making--embedded and marginal cost pricing--and four recent alternatives--automatic rate adjustments, profit-sharing, tariff menus, and the Vogelsang-Finsinger convergence mechanism--that have come to challenge them. The authors...

Redistribution strategies that have been implemented to promote universal service in telecommunications subscriptions now face two problems. First, in order to avoid higher prices, customers have moved away from services that bear revenue-providing subsidies that are unrelated to cost. Second,...

As regulators continue to open utility markets to entry, new market contestants may specialize in providing service for the utility's largest customers. Consequently, old utility pricing procedures may no longer be sustainable. Taking telecommunications regulation as an example, this article...