A case against both stranded cost recovery and mandatory access
Article Abstract:
The arguments presented by electric utilities and pro-competitiveness groups regarding their debate on the deregulation of the electric power industry lack merit. The stranded cost recovery argument of electric utilities is wrong due to the utilities' assumption of the existence of regulations protecting stranded investments. On the other hand, the mandatory access argument of pro-competitiveness groups is also wrong since it would prevent utilities from allowing the use of its transmission and distribution system by power generators.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1996
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Halting steps toward electricity reform
Article Abstract:
The move by the California Utilities Commission (CPUC) to institute changes in its May 1995 decision on electric power industry reforms does not include the opening of the California market to electric power suppliers. The May decision on the establishment of a pool of suppliers was replaced by the 'Independent System Operator' (ISO). Moreover, the provision on the retention of the power exchange as the only source of electric power was retained.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1996
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Electric utility reform: shock therapy or managed competition?
Article Abstract:
Rep. Dan Schaefer's bill, the Electricity Consumers' Power to Choose Act of 1996 (HR 37990), seeks to partially deregulate the electric utility industry. Among its provisions is the scrapping of exclusive service franchises is expanding consumer choice. It is still not very clear whether the proposed changes would minimize electric utilities' utility burden, let alone bring down electricity prices for consumers.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1996
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