An evaluation of incentive regulation for electric utilities

@article{Berg1991AnEO,
  title={An evaluation of incentive regulation for electric utilities},
  author={S. Berg and Jinook Jeong},
  journal={Journal of Regulatory Economics},
  year={1991},
  volume={3},
  pages={45-55}
}
  • S. Berg, Jinook Jeong
  • Published 1991
  • Economics
  • Journal of Regulatory Economics
  • This empirical study examines the determinants and impacts of incentive regulations introduced by utility commissions in the late 1970s and early 1980s. Rewards for generating plant utilization and low heat rates were found to have been introduced in states whose firms exhibited relatively high managerial slack (or relatively higher costs). However, the empirical results did not find that the introduction of specific cost component incentives improved overall operating cost performance. 
    45 Citations

    Tables from this paper

    References

    SHOWING 1-10 OF 18 REFERENCES
    The Public Utility Regulatory Policy Act and regulatory behavior
    • 24
    Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation
    • P. Joskow
    • Economics
    • The Journal of Law and Economics
    • 1974
    • 407
    Limited-Dependent and Qualitative Variables in Econometrics.
    • 12,751
    • PDF