Does Incentive Regulation Provide the Correct Incentives?: Stochastic Frontier Evidence the U.S. Electricity Industry

2000 ◽  
Author(s):  
Christopher R. Knittel
Keyword(s):  
Stochastic Frontier ◽  
Electricity Industry ◽  
Incentive Regulation ◽  
The U.S

Reliability in the U.S. electricity industry under new environmental regulations

Energy Policy ◽  
2013 ◽  
Vol 62 ◽  
pp. 1078-1091 ◽  
Author(s):  
Dallas Burtraw ◽  
Karen Palmer ◽  
Anthony Paul ◽  
Blair Beasley ◽  
Matt Woerman
Keyword(s):  
Environmental Regulations ◽  
Electricity Industry ◽  
The U.S

Incentive Regulation in Network Industries: Experience and Prospects in the U.S. Telecommunications, Electricity, and Natural Gas Industries

2003 ◽  
Vol 2 (4) ◽  
Author(s):  
Ross C. Hemphill ◽  
Mark E. Meitzen ◽  
Philip E. Schoech
Keyword(s):  
Natural Gas ◽  
Service Quality ◽  
Technological Change ◽  
Productivity Growth ◽  
Incentive Regulation ◽  
Industry Concentration ◽  
Network Industries ◽  
Price Cap Regulation ◽  
Regulatory Commitment ◽  
The U.S

We trace the development of incentive regulation in the U.S. telecommunications, electricity, and natural gas industries. Telecom has moved much more in the direction of pure price cap regulation. Incentive regulation in electricity and gas has generally not strayed far from rate-ofreturn regulation. Reasons for these differences include differences in regulatory commitment, industry concentration, technological change and productivity growth, service quality concerns, and externalities. We conclude that electricity and gas can evolve to purer forms of price caps as they gain more experience with incentive regulation, and if the unique features of these industries are considered in plan design.

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