Risk, Volatility and Smoothing: Regulatory Options for Controlling Prices
Alexander, Ian and Chris Shugart
Examines price caps, revenue caps, and hybrids. Considers advantages and disadvantages, with particular attention to price volatility. Discusses options for addressing price volatility.
Has Price Cap Regulation of U.K. Utilities Been a Success?
Note no. 132 in Public Policy for the Private Sector. Washington, D.C.: World Bank Group, Nov. 1997.
Compares regulatory schemes for British Telecom, British Gas, U.K. water operators, and U.S. utilities. Examines regulatory discretion and adjustments.
Resetting Price Controls for Privatized Utilities: A Manual for Regulators
Washington, D.C.: World Bank, 1999, Chapter 4.
Green, Richard, and Martin Rodriguez Pardina
Discusses how regulators review price control methods in the context of a price review. Describes features and practices in revenue cap regulation.
Decision: Statement of principles for the regulation of transmission revenues: Information requirements guidelines
5 June 2002.
Australian Competition and Consumer Commission
Details information filing requirements for electricity transmission operators. Describes information needs for revenue caps. Describes policies for information disclosure and future information policy issues.
Revenue cap regulation, Inflation, Revenue, Costs