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Energy Policy

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The University of Maine

Journal

Utility regulation

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Assessing Maine’S Eram Experiment, Leslie Hudson, Stephanie Seguino Jan 1994

Assessing Maine’S Eram Experiment, Leslie Hudson, Stephanie Seguino

Maine Policy Review

Maine’s utility regulators have occasionally ventured into the uncharted waters of utility regulation reform. Some such efforts have been more successful than others. Leslie Hudson and Stephanie Seguino document the process and outcomes of one such attempt at alternative electric utility regulation, the Electric Revenue Adjustment Mechanism, or ERAM. They endeavor to answer several questions arising from this brief and failed, but interesting regulatory experiment.


Examining Alternative Forms Of Utility Regulation: The Incentives And Disincentives Of The Regulatory Structure, Ralph Gelder, Edward Dinan, David Flanagan, Joseph Donahue Jan 1993

Examining Alternative Forms Of Utility Regulation: The Incentives And Disincentives Of The Regulatory Structure, Ralph Gelder, Edward Dinan, David Flanagan, Joseph Donahue

Maine Policy Review

The traditional form of regulating public utilities—command-and-control—has been found inadequate by some to cope with marketplace changes that have introduced competition into previously monopolistic markets. Alternative forms of regulation, particularly incentive regulation, have been developed in various areas of the nation in response to the new competitive utility environment. In these four short articles, former Maine Public Utilities Commission chair Ralph Gelder, New England Telephone Vice President for Maine, Edward Dinan, and Central Maine Power Company Vice President David Flanagan discuss these emergent utility issues. A fourth and quite different view of the present regulatory system and its alternatives is …