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While householders' ability to navigate the domestic retail energy market has generated considerable debate, little attention has been given to micro and small businesses' (MSBs) purchasing of energy. This paper provides the first academic assessment of MSBs' satisfaction with the UK's retail...
Persistent link: https://www.econbiz.de/10012893972
This article considers whether African utility regulators can draw useful lessons from the British experience over the past thirty years. We focus on three features that are considered key properties of the British regulatory model: price-cap incentive regulation, independent regulatory agencies...
Persistent link: https://www.econbiz.de/10013016493
In setting the allowable rate of return of public utilities, U.S. regulatory agencies and the courts continue to rely on the standard discounted-cash-flow (DCF) method based on the Gordon-Miller-Modigliani model of share valuation under constant growth - a model which ignores personal taxes....
Persistent link: https://www.econbiz.de/10012753663
Householders' satisfaction and engagement with the retail energy market has generated considerable debate, this paper provides the first academic assessment of the situation for micro and small business (MSB) energy customers. We find that, while energy brokers are central to MSBs switching...
Persistent link: https://www.econbiz.de/10012831800
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...
Persistent link: https://www.econbiz.de/10013318443
Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...
Persistent link: https://www.econbiz.de/10013319459
Energy efficiency resource standards (EERS) refer to policies that require utilities and other covered entities to achieve quantitative goals for reducing energy use by a certain year. EERS policies generally apply to electricity and natural gas sales and electricity peak demand, though they...
Persistent link: https://www.econbiz.de/10009651750
Public infrastructure services have been subject to dramatic regulatory reform since the 1980s in the European Union, particularly privatization, at the national level, and increased liberalization and deregulation, via the Single Market Programme. Despite this ambitious reform programme, there...
Persistent link: https://www.econbiz.de/10009283788
This essay concerns the ways in which public services – particularly household services such as communications, energy, water and transportation – have been regulated and deregulated, and analyses what consequences this has for users and citizens. Much of the deregulation of public services...
Persistent link: https://www.econbiz.de/10009283800
El presente documento analiza la consistencia entre las fórmulas tarifarias incluidas en el reglamento de tarifas del sector sanitario chileno y la necesidad de incorporar el costo que representan los intereses intecalarios, en el marco de la realización de las inversiones por parte de la...
Persistent link: https://www.econbiz.de/10010553257