Electricity Issues Hearings Before the Subcommittee On Energy And Power of the
Electricity Issues Hearings Before the Subcommittee On Energy And Power of the
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In our eReader you can find the full English version of the book. Read Electricity Issues Hearings Before the Subcommittee On Energy And Power of the Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Electricity Issues Hearings Before the Subcommittee On Energy And Power of the
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As practiced by FERC and State commis- sions, traditional regulation tends to result in rigid prices, regulated capital struc- tures, an obligation to serve all customer segments (whether they are profitable or not), slow decisionmaking processes, high administrative costs, limited upside poten- tials and substantial downside potentials for utilities to take risks, and use of utili- ties as tax collectors and as agents to forward a government's social agenda. In to- days competitive atmosphere,... traditional rate regulation can put utilities at a com- petitive disadvantage, lor it is largely incompatible with market forces and can squelch the development of competition. The management challenge for utilities and regulators is to develop regulatory policies that work efficiently with markets and not against them.
Attributes of policies that are consistent with market forces include pricing flexi- bility, market responsiveness, regulatory certainty, confidentiality of data, and risk- return symmetry.
What to read after Electricity Issues Hearings Before the Subcommittee On Energy And Power of the?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Energ to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
As practiced by FERC and State commis- sions, traditional regulation tends to result in rigid prices, regulated capital struc- tures, an obligation to serve all customer segments (whether they are profitable or not), slow decisionmaking processes, high administrative costs, limited upside poten- tials and substantial downside potentials for utilities to take risks, and use of utili- ties as tax collectors and as agents to forward a government's social agenda. In to- days competitive atmosphere,... traditional rate regulation can put utilities at a com- petitive disadvantage, lor it is largely incompatible with market forces and can squelch the development of competition. The management challenge for utilities and regulators is to develop regulatory policies that work efficiently with markets and not against them.
Attributes of policies that are consistent with market forces include pricing flexi- bility, market responsiveness, regulatory certainty, confidentiality of data, and risk- return symmetry.
What to read after Electricity Issues Hearings Before the Subcommittee On Energy And Power of the?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Energ to read onlineMoreLess
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