Download eBook for Free

FormatFile SizeNotes
PDF file 2.9 MB

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


Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback63 pages $20.00 $16.00 20% Web Discount

The electric utility industry is attracting attention as a candidate for deregulation. This report identifies the core economic functions that the electric supply industry must fulfill, whether it operates under its current regulatory structure or one that is substantially less regulated. Having identified these core functions, the authors suggest ways to evaluate short-run efficiency and long-run efficiency gains that may occur in both the current environment and under the alternative suggestions for deregulation. They do not attempt to provide detailed evaluations of the alternatives, but rather suggest a framework within which the alternatives can be judged. The report includes a brief review of four recent policy developments that provide some insight and confirmation for the conjectures the authors develop.

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.