Incentive regulation in the electric utility industry. Volume I. Final report

Technical Report · Thu Sep 01 04:00:00 EDT 1983

OSTI ID:6796326

Goins, D; Fisher, M; Smiley, R; Hass, J; Ehrenberg, R

This report describes the results of conducting a comprehensive analysis of the issues involved in formulating an incentive regulation program and to develop and evaluate an incentive regulation program to be considered for implementation by FERC. In conducting this study, the analysis was structured with the primary objective of designing an incentive regulation program that would encourage the provision of electrical service to customers at the lowest possible price, consistent with a satisfactory level of service quality. To facilitate structuring such a program, we identified and analyzed a set of fundamental issues that must be considered in designing and implementing an incentive regulation program. Three major incentive programs were recommended: (1) a rate contol incentive program; (2) a construction cost control incentive program; and (3) an automatic rate adjustment mechanism. 83 references, 21 figures.

• Research Organization: Resource Consulting Group, Inc., Cambridge, MA (USA)
• DOE Contract Number: AC39-82RC11849
• OSTI ID: 6796326
• Report Number(s): DOE/RC/11849-T1-Vol.1; ON: DE84016854
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
291000 -- Energy Planning & Policy-- Conservation
296000* -- Energy Planning & Policy-- Electric Power
CONSTRUCTION
ELECTRIC UTILITIES
ENERGY CONSERVATION
EVALUATION
FINANCIAL INCENTIVES
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS