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Revenue Caps vs . Price Caps : Implications for DSM
| Content Provider | Semantic Scholar |
|---|---|
| Author | Stoft, Steven |
| Copyright Year | 1997 |
| Abstract | This chapter analyzes the incentive effects of revenue-cap PBR mechanisms. The importance of this task derives both from the common occurrence of revenue caps among the newly implemented electric industry PBR mechanisms, and from the fact that the revenue cap mechanism has been explicitly proposed as a replacement for the theoretically favored price cap mechanism. This proposed replacement is based on the perception that price caps provide a strong disincentive to utility investment in energy efficiency and has been made 1 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://stoft.com/metaPage/lib/Stoft-1995-Rev-Caps-Dmnd-Side-Mngmnt.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |