After considering the matter in several proceedings since 1991, the Hawaii Public Utilities Commission (PUC) has decided to permit the state's utilities to include in rates the full cost of...
Incentive Ratemaking in Illinois: The Transition to Competitive Markets
have been able to keep prices low through the system while others have not. This is a key fact in understanding why the current paradigm is flawed.
2. Brown, Einhorn and Vogelsang, "Toward Improved and Practical Incentive Regulation," Journal of Regulatory Economics, Vole 3, No. 4 (December 1991), pp. 323-338.
3. Re Illinois Bell Tel. Co., Nos. 92-0448, 93-0239, Oct. 11, 1994, 156 PUR4th 121 (Ill.C.C.).
4. Re Illinois Bell Tel. Co., No. 95-0182, June 21, 1995 (Ill.C.C.).
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