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Time-of-use rates vs. Hopkinson tariffs redux: An analysis of the choice of rate structures in a regulated electricity distribution company

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  • Seeto, Dewey
  • Woo, C. K.
  • Horowitz, Ira

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  • Seeto, Dewey & Woo, C. K. & Horowitz, Ira, 1997. "Time-of-use rates vs. Hopkinson tariffs redux: An analysis of the choice of rate structures in a regulated electricity distribution company," Energy Economics, Elsevier, vol. 19(2), pages 169-185, May.
    • Handle: RePEc:eee:eneeco:v:19:y:1997:i:2:p:169-185
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    2. Chi-Keung Woo, 1985. "An Application of the Expenditure Function in Electricity Pricing: Optimal Residential Time-of-Use Rate Option," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 89-99.
    3. Spulber, Daniel F, 1992. "Optimal Nonlinear Pricing and Contingent Contracts," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(4), pages 747-772, November.
    4. Kenneth Rose & John F. McDonald, 1991. "Economics of Electricity Self-Generation by Industrial Firms," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 47-66.
    5. Roger E. Bohn & Michael C. Caramanis & Fred C. Schweppe, 1984. "Optimal Pricing in Electrical Networks over Space and Time," RAND Journal of Economics, The RAND Corporation, vol. 15(3), pages 360-376, Autumn.
    6. Panzar, John C & Sibley, David S, 1978. "Public Utility Pricing under Risk: The Case of Self-Rationing," American Economic Review, American Economic Association, vol. 68(5), pages 888-895, December.
    7. Wilson, Robert B, 1989. "Efficient and Competitive Rationing," Econometrica, Econometric Society, vol. 57(1), pages 1-40, January.
    8. William J. Baumol, 1971. "Optimal Depreciation Policy: Pricing the Products of Durable Assets," Bell Journal of Economics, The RAND Corporation, vol. 2(2), pages 638-656, Autumn.
    9. Acton, Jan Paul, 1982. "An Evaluation of Economists' Influence on Electric Utility Rate Reforms," American Economic Review, American Economic Association, vol. 72(2), pages 114-119, May.
    10. Hung-po Chao, 1983. "Peak Load Pricing and Capacity Planning with Demand and Supply Uncertainty," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 179-190, Spring.
    11. Chi-Keung Woo, 1991. "Capacity Rationing and Fixed Cost Collection," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 153-163.
    12. Wilson, Robert, 1989. "Ramsey Pricing of Priority Service," Journal of Regulatory Economics, Springer, vol. 1(3), pages 189-202, September.
    13. William J. Hausman & John L. Neufeld, 1984. "Time-of-Day Pricing in the U.S. Electric Power Industry at the Turn of the Century," RAND Journal of Economics, The RAND Corporation, vol. 15(1), pages 116-126, Spring.
    14. Laurits R. Christensen & William H. Greene, 1978. "An Econometric Assessment of Cost Savings from Coordination in U.S. Electric Power Generation," Land Economics, University of Wisconsin Press, vol. 54(2), pages 139-155.
    15. Schwarz, Peter M & Taylor, Thomas N, 1987. "Public Utility Pricing under Risk; the Case of Self-Rationing: Comment and Extension," American Economic Review, American Economic Association, vol. 77(4), pages 734-739, September.
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    Cited by:

    1. Moore, J. & Woo, C.K. & Horii, B. & Price, S. & Olson, A., 2010. "Estimating the option value of a non-firm electricity tariff," Energy, Elsevier, vol. 35(4), pages 1609-1614.
    2. Dina Mohamed YOUSRI, 2016. "The Egyptian Electricity Market: Designing a Prudent Peak Load Pricing System," Turkish Economic Review, KSP Journals, vol. 3(4), pages 677-682, December.
    3. Seeto, Dewey Q. & Woo, C. K. & Horowitz, Ira, 2001. "Finessing the unintended outcomes of price-cap adjustments: an electric utility multi-product perspective," Energy Policy, Elsevier, vol. 29(13), pages 1111-1118, November.
    4. Haupt, Leon & Schöpf, Michael & Wederhake, Lars & Weibelzahl, Martin, 2020. "The influence of electric vehicle charging strategies on the sizing of electrical energy storage systems in charging hub microgrids," Applied Energy, Elsevier, vol. 273(C).
    5. Woo, C.K. & Milstein, I. & Tishler, A. & Zarnikau, J., 2019. "A wholesale electricity market design sans missing money and price manipulation," Energy Policy, Elsevier, vol. 134(C).
    6. David, Laurent & Le Breton, Michel & Merillon, Olivier, 2007. "Regulating the Natural Gas Transportation Industry: Optimal Pricing Policy of a Monopolist with Advance-Purchase and Spot Markets," IDEI Working Papers 488, Institut d'Économie Industrielle (IDEI), Toulouse.
    7. Joan Calzada, 2007. "Capacity-based versus time-based access charges in telecommunications," Journal of Regulatory Economics, Springer, vol. 32(2), pages 153-172, October.
    8. David, Laurent & Le Breton, Michel & Merillon, Olivier, 2007. "Public Utility Pricing and Capacity Choice with Stochastic Demand," IDEI Working Papers 489, Institut d'Économie Industrielle (IDEI), Toulouse.
    9. Dina Mohamed Yousri, 2011. "The Egyptian Electricity Market: Designing a Prudent Peak Load Pricing Model," Working Papers 29, The German University in Cairo, Faculty of Management Technology.
    10. Brown, David P. & Sappington, David E.M., 2018. "On the role of maximum demand charges in the presence of distributed generation resources," Energy Economics, Elsevier, vol. 69(C), pages 237-249.
    11. Woo, C.K. & Sreedharan, P. & Hargreaves, J. & Kahrl, F. & Wang, J. & Horowitz, I., 2014. "A review of electricity product differentiation," Applied Energy, Elsevier, vol. 114(C), pages 262-272.
    12. Fridgen, Gilbert & Kahlen, Micha & Ketter, Wolfgang & Rieger, Alexander & Thimmel, Markus, 2018. "One rate does not fit all: An empirical analysis of electricity tariffs for residential microgrids," Applied Energy, Elsevier, vol. 210(C), pages 800-814.
    13. Woo, C.K. & Kollman, E. & Orans, R. & Price, S. & Horii, B., 2008. "Now that California has AMI, what can the state do with it?," Energy Policy, Elsevier, vol. 36(4), pages 1366-1374, April.
    14. Antweiler, Werner, 2017. "A two-part feed-in-tariff for intermittent electricity generation," Energy Economics, Elsevier, vol. 65(C), pages 458-470.
    15. Saumweber, Andrea & Wederhake, Lars & Cardoso, Gonçalo & Fridgen, Gilbert & Heleno, Miguel, 2021. "Designing Pareto optimal electricity retail rates when utility customers are prosumers," Energy Policy, Elsevier, vol. 156(C).
    16. Horowitz, I. & Woo, C.K., 2006. "Designing Pareto-superior demand-response rate options," Energy, Elsevier, vol. 31(6), pages 1040-1051.

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