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Regulation and customer engagement / Stephen Littlechild in Economics of Energy & Environmental Policy, vol. 1, n° 1 (January 2012)
[article]
Titre : Regulation and customer engagement Type de document : texte imprimé Auteurs : Stephen Littlechild Année de publication : 2012 Article en page(s) : pp. 53-67 Langues : Anglais (eng) Descripteurs : Thésaurus EDDEN
INDUSTRIE DE RESEAU ; REGULATIONTags : Negotiated settlements Constructive engagement Customer engagement Regulation Résumé : The utility regulation framework developed in the UK in the 1980s, and widely adopted internationally, was intended to improve on the restrictive, inefficient and burdensome regulatory approach in the U.S. But the UK regulatory process has itself now become increasingly burdensome. Meanwhile, utilities and customer groups in the U.S. and Canada have developed methods of negotiating and settling regulatory issues that more directly reflect the interests of customers, often embody incentive price caps as in the UK, and avoid unduly burdensome regulatory processes. There is now scope for UK regulators to learn from overseas. This paper summarises these developments. It then examines how three UK utility regulators— of airports, water and energy—are responding to them by developing new forms of customer engagement. The CAA has moved firmly in this direction for airports, while Ofwat and Ofgem have nominally rejected it for water and energy, but seek to secure many of the benefits of the approach via less committed processes. There is scope for governments to encourage a regulatory approach that offers the prospect of better outcomes for customers and a less onerous process for all concerned. (© IAEE) Date d'édition : 2012 Nature du document : article Site d'origine : edden En ligne : http://www.iaee.org/en/publications/eeeparticle.aspx?id=8 Permalink : https://clareco-grenoble.centredoc.fr/index.php?lvl=notice_display&id=77477
in Economics of Energy & Environmental Policy > vol. 1, n° 1 (January 2012) . - pp. 53-67[article] Regulation and customer engagement [texte imprimé] / Stephen Littlechild . - 2012 . - pp. 53-67.
Langues : Anglais (eng)
in Economics of Energy & Environmental Policy > vol. 1, n° 1 (January 2012) . - pp. 53-67
Descripteurs : Thésaurus EDDEN
INDUSTRIE DE RESEAU ; REGULATIONTags : Negotiated settlements Constructive engagement Customer engagement Regulation Résumé : The utility regulation framework developed in the UK in the 1980s, and widely adopted internationally, was intended to improve on the restrictive, inefficient and burdensome regulatory approach in the U.S. But the UK regulatory process has itself now become increasingly burdensome. Meanwhile, utilities and customer groups in the U.S. and Canada have developed methods of negotiating and settling regulatory issues that more directly reflect the interests of customers, often embody incentive price caps as in the UK, and avoid unduly burdensome regulatory processes. There is now scope for UK regulators to learn from overseas. This paper summarises these developments. It then examines how three UK utility regulators— of airports, water and energy—are responding to them by developing new forms of customer engagement. The CAA has moved firmly in this direction for airports, while Ofwat and Ofgem have nominally rejected it for water and energy, but seek to secure many of the benefits of the approach via less committed processes. There is scope for governments to encourage a regulatory approach that offers the prospect of better outcomes for customers and a less onerous process for all concerned. (© IAEE) Date d'édition : 2012 Nature du document : article Site d'origine : edden En ligne : http://www.iaee.org/en/publications/eeeparticle.aspx?id=8 Permalink : https://clareco-grenoble.centredoc.fr/index.php?lvl=notice_display&id=77477