Non-discrimination clauses in the retail energy sector

Hviid, Morten and Waddams Price, Catherine (2012) Non-discrimination clauses in the retail energy sector. The Economic Journal, 122 (562). F236-F252. ISSN 1468-0297

This is the latest version of this item.

[img] Microsoft Word (CCP_Working_Paper_10_18)
Download (289kB)

Abstract

The British Energy regulator will soon review a non-discrimination licence condition which it imposed to ensure that energy retailers charge the same mark-up in different regions. Many consumers are loyal to incumbent firms, necessitating heavy discounting by entrants to attract customers, which had led to regional price discrimination. Matching characteristics of the energy market to models of discrimination, we identify the necessary conditions for the licence condition to have a positive effect for consumers, and explore whether the policy has helped potentially „vulnerable? consumers. We conclude that the most likely effect of the licence condition is to reduce competition in the mainstream energy markets, and welcome the regulator?s latest review of the retail market.

Item Type: Article
Uncontrolled Keywords: competition (economics),energy market,energy policy,numerical model,regulatory approach
Faculty \ School: Faculty of Social Sciences > Norwich Business School
Faculty of Social Sciences > School of Law
Depositing User: Catherine Waddams
Date Deposited: 19 Apr 2011 14:03
Last Modified: 21 Jul 2020 23:26
URI: https://ueaeprints.uea.ac.uk/id/eprint/29626
DOI: 10.1111/j.1468-0297.2012.02537.x

Available Versions of this Item

Actions (login required)

View Item View Item