Measuring and Explaining Electricity Price Changes in Restructured States

An effort to determine the effect of restructuring on prices finds that, on average, prices for industrial customers in restructured states were lower, relative to predicted prices, than prices for industrial customers in non-restructured states. This preliminary analysis also finds that these price...

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Bibliographic Details
Published in:The Electricity journal 2006, Vol.19 (5), p.35-42
Main Author: Fagan, Mark L.
Format: Article
Language:English
Subjects:
ELECTRIC POWER INDUSTRY
ELECTRIC UTILITIES
ENERGY PLANNING, POLICY AND ECONOMY
ORGANIZATIONAL MODELS
PRICES
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Summary:An effort to determine the effect of restructuring on prices finds that, on average, prices for industrial customers in restructured states were lower, relative to predicted prices, than prices for industrial customers in non-restructured states. This preliminary analysis also finds that these price changes are explained primarily by high pre-restructuring prices, not whether or not a state restructured.
ISSN:1040-6190
1873-6874
DOI:10.1016/j.tej.2006.05.003