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Lowering electricity prices through deregulation

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Abstract

A wave of regulatory reform is now transforming the U.S. electricity industry. As state and federal authorities allow independent power producers to compete with utilities in supplying electricity, consumers are paying close attention to the effects of this change on their energy bills. Although deregulation poses significant structural challenges, the introduction of competitive pressures should ultimately lead to efficiency gains for the industry and cost savings for households and businesses.

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  • Thomas Klitgaard & Rekha Reddy, 2000. "Lowering electricity prices through deregulation," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 6(Dec).
    • Handle: RePEc:fip:fednci:y:2000:i:dec:n:v.6no.14
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    References listed on IDEAS

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    1. Paul L. Joskow, 1997. "Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 119-138, Summer.
    2. Flaim, Theresa, 2000. "The Big Retail "Bust": What Will It Take to Get True Competition?," The Electricity Journal, Elsevier, vol. 13(2), pages 41-54, March.
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    Cited by:

    1. Theodorou, Petros & Karyampas, Dimitrios, 2008. "Modeling the return and volatility of the Greek electricity marginal system price," Energy Policy, Elsevier, vol. 36(7), pages 2601-2609, July.
    2. Razeghi, Ghazal & Shaffer, Brendan & Samuelsen, Scott, 2017. "Impact of electricity deregulation in the state of California," Energy Policy, Elsevier, vol. 103(C), pages 105-115.

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    Keywords

    Prices; Electric utilities;

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