Understanding Electricity Market Reforms and the Case of Philippine Deregulation

Andrea Santiago and Fernando Roxas

The Electricity Journal, 2010, vol. 23, issue 2, 48-57

Abstract: The experience of the Philippines offers lessons that should be relevant to any country seeking to deregulate its power industry. Regardless of structure, consumers must face the real price of electricity production and delivery that is closer to marginal cost. Politically motivated prices merely shift the burden from ratepayers to taxpayers. And any reform should work within a reasonable timetable.

Date: 2010
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