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Price Discrimination, Regulation and Entry in the UK Residential Electricity Market

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  • Otero, Jesus
  • Waddams Price, Catherine

Abstract

The residential electricity market in Great Britain has recently been opened to competition and is served by 14 regional incumbents, and up to 15 entrants in each area. This study finds that the incumbents' regulated prices are discriminatory between consumers using different payment methods, and that firms are practising third-degree price discrimination between areas. The authors discuss the implications for regulatory policy both in the UK and in other countries where electricity markets are being deregulated. Copyright 2001 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Bulletin of Economic Research.

Volume (Year): 53 (2001)
Issue (Month): 3 (July)
Pages: 161-75

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Handle: RePEc:bla:buecrs:v:53:y:2001:i:3:p:161-75

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378

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Cited by:
  1. Evens Salies & Catherine Waddams Price, 2003. "Pricing structure in the deregulated UK electricity market," Sciences Po publications 03-6, Sciences Po.
  2. Evens Salies and Catherine Waddams Price, 2004. "Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 3), pages 19-36.
  3. repec:spo:wpecon:info:hdl:2441/7189 is not listed on IDEAS
  4. Hattori, Toru, 2010. "Determinants of the number of bidders in the competitive procurement of electricity supply contracts in the Japanese public sector," Energy Economics, Elsevier, Elsevier, vol. 32(6), pages 1299-1305, November.
  5. Alberto Iozzi & Roberta Sestini & Edilio Valentini, 2006. "Pricing Discretion and Price Regulation in Competitive Industries," Journal of Regulatory Economics, Springer, Springer, vol. 29(2), pages 151-165, 03.

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