Electric Industry Restructuring

Literature Review on Regulatory Policy: Electric Industry Restructuring

In the Encyclopedia of Public Administration and Public Policy, [1] John D. Wong and Stacey M. Brewer provide the following summary about the topic of Regulatory Policy: Electric Industry Restructuring: In a competitive environment, the traditional regulatory compact of an exclusive service territory in exchange for nondiscriminatory service to all customers upon demand must yield to a set of transactions that are subject to change, based on price, quality, service, attractiveness, or any combination of reasons. The telecommunications, transportation, and natural gas industries have undergone deregulation. Customers now have many choices, as do the suppliers who can tailor their strategies to meet their desired market. Competitive electricity markets are clearly in the early stages of development. It is likely that the economic deregulation or restructuring of the electric industry will continue.

Resources

Notes and References

1. Entry about Regulatory Policy: Electric Industry Restructuring in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)

See Also

Further Reading

• Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)