1982•Public Util. Fortn.; (United States)Requires access

Deregulation is not an answer for electric utilities

Joe Dowd, Julien Burton

Abstract

The authors warn that the failures of electric-utility regulation should not be used to justify deregulation as an easy solution to the economic problems of the utility industry. They argue that electric utilities are the most capital-intensive and one of the nation's largest industries. A few undemonstrated economic theories that could place this magnitude of investment in jeopardy would not be in the public interest. 30 references.

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Key concepts: Deregulation, Electric utility, Investment (military), Economics, Capital (architecture), Capital investment, Public capital, Electric power industry