Electricity Deregulation and Vertical Integration: Electricity Deregulation, Vertical Integration and the Importance of Independ,Used

Electricity Deregulation and Vertical Integration: Electricity Deregulation, Vertical Integration and the Importance of Independ,Used

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This work examines the progression of generators and retailers, following electricity deregulation, to vertically integrate (VI) to determine whether all participants might benefit, or because generators are provided with increased market power, electricity consumers in particular could be worse off. The drivers of generators and retailers to vertically integrate are examined, with the lessons learnt applied to the Queensland electricity market. A literature review was first undertaken, with particular reference to the writings of Oliver Williamson. The Queensland analysis concluded that the maximum benefits that consumers could expect from VI was $138 million p.a. with current meter technology and strong retail competition, increasing to $156 million p.a. if meter technology improved. Total possible VI benefits were estimated at $321 million p.a., so consumers could expect to receive no more than 50% of total VI benefits. That is in a strongly competitive retail market, consumers could expect to receive, at the most, 50% of VI benefits, whereas in a weakly competitive retail market, consumers could be worse off.

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Shipping & Returns

Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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