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- W197740909 abstract "Gas distribution companies in New York State are now mandated to include analyses of marginal-commodity and marginal-capacity costs in their rate filings. Moreover, they must explain how proposed rate structures for all firm customers reflect the marginal cost or alternatively explain the reason for any divergence of rates from the marginal cost. There are several distinct measures of the marginal cost of distribution gas; the knowledge of each is important in the design and evaluation of a distribution company's gas tariffs. These measures are (1) the marginal cost of gas to the consumer, (2) the marginal opportunity cost of gas to the consumer, (3) the marginal social resource cost of gas, and (4) the marginal private resource cost of gas to the distribution company. All of these measures have short-run and long-run aspects that reveal the economic efficiency of gas consumption. An economic model blending these marginal costs produces a pricing mechanism that optimizes the price of gas in terms of society's net economic benefits." @default.
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- W197740909 date "1980-10-23" @default.
- W197740909 modified "2023-09-26" @default.
- W197740909 title "Marginal cost pricing of distribution gas - a consumer protection perspective" @default.
- W197740909 hasPublicationYear "1980" @default.
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