An Independent Perception of Regulation in Practice |
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| Authors: | D. L. WALKER MA MSc CEng MICE |
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| Affiliation: | Consultant, Office of Water Services and Office of Electricity Regulation. |
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| Abstract: | The paper reviews the regulation of water companies in England and Wales since 1989 by reference to the historical regulation of utilities in these countries. It considers how comparative competition, service standards and charging arrangements are developing. Particular mention is made of the debates over rates of return and household metering. The conclusion is that regulation, to be effective and appropriate, must be capable of evolution. |
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| Keywords: | Charges competition levels of service metering nineteenth century Parliament price control rate of return regulation |
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