Regulación por incentivos para las empresas de servicios eléctricos

Paul Joskow and Richard Schmalensee

No 1999-174, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: The utilities price regulation in the United States has historically been made by a state commission. Nevertheless, this regulatory system does not incentive cost controls within the utilities. In order to rectify this situation the regulatory commissions have changed their view to one of "incentive regulation" has financial rewards and penalties according to the utility performance. This paper presents a review of the rationales that led to the changes in the regulatory rules and proceedings oriented to the introduction of incentives, of the principles that should guided the construction of solid mechanism of incentives, and of the practical problems that should be solved in order to make the mechanism effective.

Pages: 66 pages
Date: 1999
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