Abstract
The opportunity electric utilities now have to purchase power from independent producers can reduce overall cost and, thereby, benefit consumers. The full effects of this so-called purchase option have not been carefully considered, however, so we cannot really be sure that all of its effects are positive. Combining regulation with this potentially competitive element may not be efficient in every way; at least, that question has not been examined.
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© 1996 Springer Science+Business Media New York
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Rodríguez, R.R., Sherman, R. (1996). Electric Utility Efficiency with Independent Power Producers. In: Crew, M.A. (eds) Pricing and Regulatory Innovations Under Increasing Competition. Topics in Regulatory Economics and Policy Series, vol 24. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6249-8_10
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DOI: https://doi.org/10.1007/978-1-4615-6249-8_10
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