Yardstick Competition, Franchise Bidding and Firms’ Incentives to Collude

Rate Design, Yardstick Regulation, and F

Rate Design, Yardstick Regulation, and Franchise Competition: An Integrated Approach to Improving the Efficiency of 21st Century Electric Distribution

✍ Harvey L. Reiter; Christopher Cook 📂 Article 📅 1999 🏛 Elsevier Science 🌐 English ⚖ 546 KB

Regulators need to take a hard look at stranded cost policies that make it difficult for municipalities to replace incumbent distributors, and also reconsider whether distributors should be allowed to roll expansion costs into systemwide rates.