Consumer Price Effects of Deregulated Electric Generation Markets: The Case of Ohio and the Midwestern United States

Authors

William M. Bowen, Cleveland State UniversityFollow
Edward W. Hill, Cleveland State UniversityFollow
Andrew R. Thomas, Cleveland State UniversityFollow
Liu Ruoran
Mark Henning, Cleveland State UniversityFollow

Document Type

Article

Publication Date

7-5-2023

Publication Title

Utilities Policy

Research Center

Energy Policy Center

Abstract

This study investigates the effects of electric utility restructuring on (a) the cost of generated electricity, (b) increases in the regulated portions of customers' bills, and (c) changes in customers’ average total electricity price in restructured states relative to similar states that remained regulated. The results across the tests indicate that restructured generation markets benefited consumers through lower price growth or price declines. However, in Ohio, increases in charges authorized by regulators offset savings from competitive wholesale generation markets.

Repository Citation

Bowen, William M.; Hill, Edward W.; Thomas, Andrew R.; Ruoran, Liu; and Henning, Mark, "Consumer Price Effects of Deregulated Electric Generation Markets: The Case of Ohio and the Midwestern United States" (2023). All Maxine Goodman Levin School of Urban Affairs Publications. 0 1 2 3 1810.
https://engagedscholarship.csuohio.edu/urban_facpub/1810

DOI

10.1016/j.jup.2023.101615

Volume

83

Issue

August 2023