What type of incentive regulation do the following examples demonstrate? a)The regulator sets the price of the natural gas utility based on the average natural gas prices in the neighboring 3 towns b)The regulator has set the maximum price per kWh for 2021 at $90 c)ln New York, Earnings Adjustment Mechanisms reward utilities for expanding energy efficiency
What type of incentive regulation do the following examples demonstrate? a)The regulator sets the price of the natural gas utility based on the average natural gas prices in the neighboring 3 towns b)The regulator has set the maximum price per kWh for 2021 at $90 c)ln New York, Earnings Adjustment Mechanisms reward utilities for expanding energy efficiency
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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