Resetting Price Controls for Privatized Utilities

Resetting Price Controls for Privatized Utilities

A Manual for Regulators

eBook - 1999
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World Bank
"The aim of regulation is to protect consumers, while ensuring that the company remains viable and has an incentive to operate efficiently."In many developing countries private companies are replacing government agencies as owners and operators of infrastructure services. Governments must now develop new skills in economic regulation of these private providers to protect consumer interests, while also ensuring that the companies remain economically and financially sound and have incentives to operate efficiently. This manual provides new economic regulators with practical guidance on how to proceed in this fairly technical new field.Chapters cover: • Revising Price Controls • Procedures for Resetting a Price Control • Present Value Calculations • Investment and the Regulatory Asset Base • The Rate of Return • The Philosophy of Price Controls • The Form of a Price Control • Operating Costs • Revenues

Publisher: Washington, D.C. : World Bank, 1999
ISBN: 9780585261379
0585261377
0821343386
Characteristics: 1 online resource (vii, 109 p.) : ill
Additional Contributors: Rodriguez Pardina, Martin 1961-

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