Competitive Retail Electricity Market Under Continuous Price Regulation

36 Pages Posted: 12 Jan 2018

See all articles by Chen-Hao Tsai

Chen-Hao Tsai

Midcontinent Independent System Operator

Yi-Lin Tsai

University of Delaware - Alfred Lerner College of Business and Economics

Date Written: October 3, 2017

Abstract

The introduction of retail competition in various states in United States was expected to lower electricity bills, expand the choice set of consumers, and encourage horizontal differentiation by providing value-added services. However, to date, most regulators in states with retail choice often maintain their interventions on retail electricity rates, particularly for residential consumers. In this paper, we use data from the State of Connecticut as a case study to describe a competitive retail electricity market under continuous price regulation, and discuss policy implications.

Keywords: Electricity market, Retail choice, Standard Service

JEL Classification: L81, L94, Q49

Suggested Citation

Tsai, Chen-Hao and Tsai, Yi-Lin, Competitive Retail Electricity Market Under Continuous Price Regulation (October 3, 2017). Available at SSRN: https://ssrn.com/abstract=3097956 or http://dx.doi.org/10.2139/ssrn.3097956

Chen-Hao Tsai (Contact Author)

Midcontinent Independent System Operator ( email )

2985 Ames Crossing Rd
Eagan, MN 55121
United States
6516328400 (Phone)

Yi-Lin Tsai

University of Delaware - Alfred Lerner College of Business and Economics ( email )

Newark, DE 19716
United States

HOME PAGE: http://yilint.com

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