✦ LIBER ✦
Incentives: State-level design considerations
✍ Scribed by Smith, William H.
- Publisher
- John Wiley and Sons
- Year
- 2008
- Weight
- 309 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0743-5665
No coin nor oath required. For personal study only.
✦ Synopsis
Various forms of incentive regulation, including price caps mechanisms, are being considered and adopted by state commissions. Most have been applied to telephone utilities in response to the growing competition in that industry. Will the growth of competition in the natural gas industry steer the debate of these new regulatory methods towards gas utilities?
Kinds of Incentive Ratemaking
There are at least five different regulatory schemes in use today that have features touted as "incentive regulation.