TY - JOUR
T1 - Price discrimination, regulation and entry in the UK residential electricity market
AU - Otero, Jesuands
AU - Price, Catherine Waddams
N1 - Copyright:
Copyright 2018 Elsevier B.V., All rights reserved.
PY - 2001
Y1 - 2001
N2 - The residential electricity market in Great Britain has recently been opened to competition and is served by 14 regional incumbents, and up to 15 entrants in each area. This study finds that the incumbents' regulated prices are discriminatory between consumers using different payment methods, and that firms are practising third-degree price discrimination between areas. The authors discuss the implications for regulatory policy both in the UK and in other countries where electricity markets are being deregulated.
AB - The residential electricity market in Great Britain has recently been opened to competition and is served by 14 regional incumbents, and up to 15 entrants in each area. This study finds that the incumbents' regulated prices are discriminatory between consumers using different payment methods, and that firms are practising third-degree price discrimination between areas. The authors discuss the implications for regulatory policy both in the UK and in other countries where electricity markets are being deregulated.
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U2 - 10.1111/1467-8586.00127
DO - 10.1111/1467-8586.00127
M3 - Article
AN - SCOPUS:0034901884
SN - 0307-3378
VL - 53
SP - 161
EP - 175
JO - Bulletin of Economic Research
JF - Bulletin of Economic Research
IS - 3
ER -