Download eBook for Free

FormatFile SizeNotes
PDF file 2.2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.


Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback51 pages $23.00 $18.40 20% Web Discount

Summarizes the objectives and principal features of the Los Angeles Electricity Rate Study designed and analyzed by RAND. The study is designed to measure and evaluate the effects of peak-load pricing of electricity on residential households. About 1800 households are facing time-of-day or seasonal rates for a 30-month period. If electricity customers have any price responsiveness at all, then introducing peak-load pricing will permit an electric utility to reduce both operating and capacity costs in the long run. The major policy question for U.S. electric utilities, and for the public bodies that regulate their rates, is whether the benefits from introducing peak-load pricing outweigh the added metering and administrative costs of a more complicated rate structure. Published also in J.L. O'Donnell (ed.), Adapting Regulation to Shortages, Curtailment and Inflation, Michigan State University Press.

This report is part of the RAND Corporation report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.