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Customer ownership of public utilities: new wine in old bottles

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  • Pier Angelo Mori

    () (University of Firenze)

Abstract

Customer ownership of public utilities is presently a marginal phenomenon in quantitative terms, despite its long history. The first customer-owned cooperatives appeared at the turn of the 19th century mostly in the power and water sectors. Their development was later hindered by the municipalisation of local public services, but today new prospects are arising and new interest is growing around them. After reviewing data about the present diffusion of customer-owned providers of public utilities, with a special focus on the European Union, we examine the structural features of the markets for public utilities and the economic reasons why this organizational mode is more likely to expand today than it has in the past.

Suggested Citation

  • Pier Angelo Mori, 2013. "Customer ownership of public utilities: new wine in old bottles," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 2(1), pages 54-74, August.
  • Handle: RePEc:trn:csnjrn:v:2:i:1:p:54-74
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Carlo Borzaga & Silvia Sacchetti, 2015. "Why Social Enterprises Are Asking to Be Multi-stakeholder and Deliberative: An Explanation around the Costs of Exclusion," Euricse Working Papers 1575, Euricse (European Research Institute on Cooperative and Social Enterprises).
    2. Marina Schenkel, 2013. "Lo sviluppo partirà dai territori?," ECONOMIA E SOCIETÀ REGIONALE, FrancoAngeli Editore, vol. 2013(2), pages 202-206.
    3. Holstenkamp, Lars & Kahla, Franziska, 2016. "What are community energy companies trying to accomplish? An empirical investigation of investment motives in the German case," Energy Policy, Elsevier, vol. 97(C), pages 112-122.
    4. Pier Angelo Mori, 2014. "Community and cooperation: the evolution of cooperatives towards new models of citizens� democratic participation in public services provision," Euricse Working Papers 1463, Euricse (European Research Institute on Cooperative and Social Enterprises).
    5. Nicola Doni & Pier Angelo Mori, 2014. "Pricing and Price Regulation in a Costumer-Owned Monopoly," Euricse Working Papers 1470, Euricse (European Research Institute on Cooperative and Social Enterprises).
    6. Pier Angelo Mori, 2013. "Customer ownership of public utilities: new wine in old bottles," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 2(1), pages 54-74, August.
    7. Mumtaz Derya Tarhan, 2015. "Renewable Energy Cooperatives: A Review of Demonstrated Impacts and Limitations," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 4(1), pages 104-120, August.
    8. Pier Angelo MORI, 2014. "Community And Cooperation: The Evolution Of Cooperatives Towards New Models Of Citizens' Democratic Participation In Public Services Provision," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(3), pages 327-352, September.
    9. Kahla, Franziska & Holstenkamp, Lars & Müller, Jakob R. & Degenhart, Heinrich, 2017. "Entwicklung und Stand von Bürgerenergiegesellschaften und Energiegenossenschaften in Deutschland
      [Development and State of Community Energy Companies and Energy Cooperatives in Germany]
      ," MPRA Paper 81261, University Library of Munich, Germany.
    10. Richard Meade & Magnus Soderberg, 2017. "Welfare-Maximising Investors? – Utility Firm Performance with Heterogeneous Quality Preferences and Endogenous Ownership," Working Papers 2017-09 JEL Classificatio, Auckland University of Technology, Department of Economics.
    11. Laura Abrardi & Luca Colombo & Pier Angelo Mori, 2016. "Customer Ownership And Quality Provision In Public Services Under Asymmetric Information," Economic Inquiry, Western Economic Association International, vol. 54(3), pages 1499-1518, July.

    More about this item

    Keywords

    Cooperative enterprises; credit cooperatives;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations

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