✦ LIBER ✦

An evaluation of incentive regulation for electric utilities

✍ Scribed by Sanford V. Berg; Jinook Jeong

Publisher: Springer US
Year: 1991
Tongue: English
Weight: 642 KB
Volume: 3
Category: Article
ISSN: 0922-680X
DOI: 10.1007/bf00157610

No coin nor oath required. For personal study only.

✦ Synopsis

This empirical study examines the determinants and impacts of incentive regulations introduced by utility commissions in the late 1970s and early 1980s. Rewards for generating plant utilization and low heat rates were found to have been introduced in states whose firms exhibited relatively high managerial slack (or relatively higher costs). However, the empirical results did not find that the introduction of specific cost component incentives improved overall operating cost performance.

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