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Title: Rate design, yardstick regulation, and franchise competition: An integrated approach to improving the efficiency of 21st century electric distribution

Abstract

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. This article focuses on the importance of efficient electric distribution in the post-restructuring era and how regulators can promote that efficiency by (1) protecting and encouraging franchise competition, (2) employing regulatory yardsticks, and (3) designing rate structures that send proper price signals about the relative costs of expanding distribution plant and substituting distributed generation, conservation services, or other alternatives.

Authors:
;
Publication Date:
Research Org.:
McCarthy, Sweeney and Harkaway, P.C., Washington, DC (US)
OSTI Identifier:
20006060
Resource Type:
Journal Article
Journal Name:
Electricity Journal
Additional Journal Information:
Journal Volume: 12; Journal Issue: 7; Other Information: PBD: Aug-Sep 1999; Journal ID: ISSN 1040-6190
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING AND POLICY; ELECTRIC POWER INDUSTRY; POWER DISTRIBUTION SYSTEMS; COMPETITION; ENERGY EFFICIENCY; PROGRAM MANAGEMENT

Citation Formats

Reiter, H.L., and Cook, C. Rate design, yardstick regulation, and franchise competition: An integrated approach to improving the efficiency of 21st century electric distribution. United States: N. p., 1999. Web. doi:10.1016/S1040-6190(99)00063-9.
Reiter, H.L., & Cook, C. Rate design, yardstick regulation, and franchise competition: An integrated approach to improving the efficiency of 21st century electric distribution. United States. doi:10.1016/S1040-6190(99)00063-9.
Reiter, H.L., and Cook, C. Wed . "Rate design, yardstick regulation, and franchise competition: An integrated approach to improving the efficiency of 21st century electric distribution". United States. doi:10.1016/S1040-6190(99)00063-9.
@article{osti_20006060,
title = {Rate design, yardstick regulation, and franchise competition: An integrated approach to improving the efficiency of 21st century electric distribution},
author = {Reiter, H.L. and Cook, C.},
abstractNote = {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. This article focuses on the importance of efficient electric distribution in the post-restructuring era and how regulators can promote that efficiency by (1) protecting and encouraging franchise competition, (2) employing regulatory yardsticks, and (3) designing rate structures that send proper price signals about the relative costs of expanding distribution plant and substituting distributed generation, conservation services, or other alternatives.},
doi = {10.1016/S1040-6190(99)00063-9},
journal = {Electricity Journal},
issn = {1040-6190},
number = 7,
volume = 12,
place = {United States},
year = {1999},
month = {9}
}