文章基本信息

标题：Electrical Utility Pricing and Review of Regulatory Policy in Bangladesh
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作者：Abu Jafar Mohammad Farooque
期刊名称：Journal of Applied Economics and Business Research
电子版ISSN：1927-033X
出版年度：2016
卷号：6
期号：2
页码：126-149
出版社：Journal of Applied Economics and Business Research
摘要：The paper postulates a dynamic optimization model of electricity pricing, incorporating the Ramsey theorem, analytical technique of LRMC and dynamic demand function. Basic objective of the model in regard to electrical distribution utility is to achieve a quasi optimal set of rates, with maximization of sum of consumer and producer surplus, constrained by revenue requirement.The demand function – an improvement on present precarious nature of available estimates in Bangladesh - and the pricing model, pertains to Dhaka power distribution company (DPDC), Bangladesh. The model which can be comprehensive encompassing all customer groups, would promote partial deregulation of distribution agencies, enabling them to ascertain cost and price, based on their respective franchise.Model prices are lower than relevant marginal cost, with significant welfare gain to the tune of taka 329 and taka 2144 per unit per quarter of residential and light industrial group, respectively.Dynamic model will provide, to distribution utility and commission, in a developing economy, systematic basis of departure from marginal cost and act as an index of welfare.
关键词：Bangladesh; DPDC; Ramsey pricing model; Electricity demand function