TY - BOOK AU - Norton IV, Floyd L. AU - Baker, William T. TI - Regulation and competition : the experience of american electric utilities and its implications for Latin American privatization U1 - 332.67 PY - 1992/// CY - California PB - Institute of the Americas KW - ENERGIA ELECTRICA KW - PRODUCCION DE ENERGIA KW - EMPRESAS ELECTRICAS KW - ESTADOS UNIDOS KW - USA N1 - 05703 N2 - The author of this paper indicates that there are some conclusions to be drawn from the American experience. First, a privately owned industry can produce and deliver an economic and reliable supply of electricity. Second, cost of service regulation may not always produce least cost electricity or satisfied investors. There seems to be a role for competition, at least in the procurement of new generating resource. Under any regulatory scheme, a balance must be struck between the interests of investors and those of consumers ER -