Consumer price effects of deregulated electric generation markets: The case of Ohio and the midwestern United States

William M. Bowen, Hill, Edward (Ned), Andrew Thomas, Ruoran Liu and Mark Henning

Utilities Policy, 2023, vol. 83, issue C

Abstract: This study investigates the effects of electric utility restructuring on (a) the cost of generated electricity, (b) increases in the regulated portions of customers' bills, and (c) changes in customers’ average total electricity price in restructured states relative to similar states that remained regulated. The results across the tests indicate that restructured generation markets benefited consumers through lower price growth or price declines. However, in Ohio, increases in charges authorized by regulators offset savings from competitive wholesale generation markets.

Keywords: Deregulation; Restructuring; Electric power generation; Shopping behavior; Competitive auction prices; Ohio; Midwestern U.S (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:83:y:2023:i:c:s0957178723001273

DOI: 10.1016/j.jup.2023.101615

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