Regulating Access: Using Economic Principles to Ensure Fair and Efficient Competition

✍ Scribed by Paul J. Hinton; J.Douglas Zona

• Book ID: 104374907
• Publisher: Elsevier Science
• Year: 1999
• Tongue: English
• Weight: 1002 KB
• Volume: 12
• Category: Article
• ISSN: 1040-6190
• DOI: 10.1016/s1040-6190(99)00064-0

✦ Synopsis

Electric utilities have long had competitive and unregulated subsidiaries. Energy service companies (ESCOs) have provided heating, ventilating, and airconditioning (HVAC), demand side management (DSM) services, and other energy-related products for many years. What is new is the prospect of the utility providing electric power (energy and capacity) in competition with alternative competitive retailers. The utility is vertically integrated -that is, in addition to generation, it owns the local transportation over which the competing retailers must