Definition of Electric industry reregulation

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TeachMeFinance.com - explain Electric industry reregulation



Electric industry reregulation

The term 'Electric industry reregulation' as it applies to the area of energy can be defined as ' The design and implementation of regulatory practices to be applied to the remaining traditional utilities after the electric power industry has been restructured. Reregulation applies to those entities that continue to exhibit characteristics of a natural monopoly. Reregulation could employ the same or different regulatory practices as those used before restructuring'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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