| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 996905 | Energy Policy | 2009 | 5 Pages |
Abstract
On January 1, 2007, the Electric Reliability Council of Texas (ERCOT) market became the first restructured market in the US to completely remove caps on the prices which could be charged to residential energy consumers by the retailers associated with the traditional or incumbent utility service providers. Our analysis suggests that the expiration of the price-to-beat (PTB) price caps may have led to a reduction in the average prices charged by competitive retail electric providers (REPs).
Related Topics
Physical Sciences and Engineering
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Energy Engineering and Power Technology
Authors
Linhong Kang, Jay Zarnikau,