Download or read book Incentive Regulations for Improving Electric Utility Performance a Survey of State Programs written by Frank C. Roberts and published by . This book was released on 1985 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Incentives to Improve Electric Utility Performance written by Leland L. Johnson and published by . This book was released on 1985 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report uses material from a recent Arizona Public Service Company rate case, and published literature, to address several issues generic to the electric utility industry: the effects on utility incentives and on rates to customers of including "construction work in progress" (CWIP) in the rate base; the use of prudence tests by regulators to determine what costs should, and which should not, be passed on to ratepayers; and the use of incentive programs, with explicit rewards and penalties, to reduce the construction costs of large power plants and to improve their operating performance after they go into service. It draws three major conclusions: (1) Economic principles do not support the notion that cost recovery from ratepayers should begin only after a plant is used and useful. (2) Traditional accounting practices produce rate shocks that force prices upward at the very time that the costs of using a plant are declining. Putting CWIP in the rate base is one of the ways rate shocks can be reduced. (3) Although including CWIP in the rate base may generate perverse incentives, the exclusion of CWIP from the rate base can also generate perverse incentives for utilities faced with severe cash flow problems.
Download or read book Incentive Regulation in the Electric Utility Industry written by and published by . This book was released on 1983 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Survey of State Incentives Encouraging Improved Environmental Performance of Base load Electric Generation Facilities written by United States. Environmental Protection Agency and published by . This book was released on 200? with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Toward an Incentive Regulation Program written by Casey D. Whelan and published by . This book was released on 1985 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Incentive Regulation for Public Utilities written by Michael A. Crew and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contributions by leading scholars and practitioners represent some of the best new research in public utility economics and include topics such as the theory of incentive regulation, dynamic pricing, transfer pricing, issues in law and economics, pricing priority service, and energy utility resource planning.
Download or read book Electric Utility Rate Reform and Regulatory Improvement Serial No 94 128 written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power and published by . This book was released on 1976 with total page 908 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Innovative Regulatory Incentives for Improving Power Plant Planning and Performance written by and published by . This book was released on 1983 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Register written by and published by . This book was released on 1990-10-22 with total page 878 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State Power Plant Productivity Programs written by United States. Department of Energy. Division of Power Supply and Reliability and published by . This book was released on 1981 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulatory Incentives for Demand side Management written by Steven Nadel and published by . This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current regulatory system often serves to financially reward utilities that sell more electricity and penalise those that sell less, thus discouraging energy efficiency. To address the problem, a variety of reforms have been proposed and implemented to make the least-cost plan for meeting future electricty needs the most-profit plan for the utility. This book brings together contributions by over 20 experts who are currently shaping regulatory incentives across the US. These experts analyze: leading incentive mechanisms; rationales for regulatory incentives; how incentives evolved; linkages to programme evaluation; impacts of incentives on utilities; and the future direction of incentives.
Download or read book A Primer on Incentive Regulation for Electric Utilities written by and published by . This book was released on 1995 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemplating a regulatory approach, the challenge for regulators is to develop a model that provides incentives for utilities to engage in socially desirable behavior. In this primer, we provide guidance on this process by discussing (1) various models of economic regulation, (2) problems implementing these models, and (3) the types of incentives that various models of regulation provide electric utilities. We address five regulatory models in depth. They include cost-of-service regulation in which prudently incurred costs are reflected dollar-for-dollar in rates and four performance-based models: (1) price-cap regulation, in which ceilings are placed on the average price that a utility can charge its customers; (2) revenue-cap regulation, in which a ceiling is placed on revenues; (3) rate-of-return bandwidth regulation, in which a utilitys̀ rates are adjusted if earnings fall outside a {open_quotes}band{close_quotes} around equity returns; and (4) targeted incentives, in which a utility is given incentives to improve specific components of its operations. The primary difference between cost-of-service and performance-based approaches is the latter sever the tie between costs and prices. A sixth, {open_quotes}mixed approach{close_quotes} combines two or more of the five basic ones. In the recent past, a common mixed approach has been to combine targeted incentives with cost-of-service regulation. A common example is utilities that are subject to cost-of-service regulation are given added incentives to increase the efficiency of troubled electric-generating units.
Download or read book Incentive Regulation in the Electric Utility Industry written by and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Incentive Regulation in the Electric Utility Industry written by Edison Electric Institute. Rate Regulation Department and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Improving Utility Performance Incentives in the United States written by Mark LeBel and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this paper, the authors propose that an internally consistent, valuation based cost of equity estimation can be a driver of utility business model reform, forming the foundation upon which regulators can build more effective incentive mechanisms. The paper lays out a four step process to integrate performance incentives, both rewards and penalties, into rate-making for investor-owned utilities: (1) A properly estimated cost of equity ... (2) A cost-of-service estimate must be included to set base revenue levels for the utility ... (3) An incentive-setting process should have a robust stakeholder discussion about the key policy goals, relevant outcomes and data driven metrics that feed into the performance incentive framework ... (4) The actual formulas for performance incentives, either rewards or penalties, must be determined"--Regulatory Assistance Project website.
Download or read book Energy Efficiency written by and published by DIANE Publishing. This book was released on 1994-02 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the prospects for advancing U.S. energy efficiency through technology improvements and regulatory changes in the utility sector and related Federal and State initiatives. Photos, charts and tables.
