System Average Rates and Management Efficiency: A Statistical Benchmark Study of U.S. Investor-Owned Electric Utilities

The Energy Journal, Vol. 17, No. 3, July 1996

Posted: 19 Nov 2008

See all articles by Michael J. Doane

Michael J. Doane

Competition Economics LLC

Ernst R. Berndt

affiliation not provided to SSRN

Roy J. Epstein

Independent

Date Written: 1996

Abstract

The average electricity rates that are charged by investor-owned utilities are affected by external factors that cannot be regulated by direct management. Results of a multiple regression analysis of three California utilities in relation to 96 utility companies indicate that the variations in average charged electricity rates were caused by customer and territorial aspects. Furthermore, the costs of operations and the supply of hydro and fossil fuels were also found to affect the average electricity rates.

Suggested Citation

Doane, Michael J. and BERNDT, ERNST R. and Epstein, Roy J., System Average Rates and Management Efficiency: A Statistical Benchmark Study of U.S. Investor-Owned Electric Utilities (1996). The Energy Journal, Vol. 17, No. 3, July 1996, Available at SSRN: https://ssrn.com/abstract=1303605

Michael J. Doane (Contact Author)

Competition Economics LLC ( email )

2000 Powell Street
Suite 510
Emeryville, CA 94608
United States
510-655-7503 (Phone)

ERNST R. BERNDT

affiliation not provided to SSRN

No Address Available

Roy J. Epstein

Independent ( email )

34 Cushing Ave.
02478

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