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Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/126953
Major Reforms in Electricity Pricing: Evidence from a Quasiexperiment [WP]
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The global energy mix is being redefined, and with it the power industry’s cost structure. In many countries, electricity-pricing systems are being revamped so as to guarantee fixed-cost recovery, often by raising the fixed charge of two-part tariff (TPT) schemes. However, consumer misperception of TPTs threatens to undermine the policy’s outcome and puts the sector’s much-needed transformation in jeopardy. We conduct a quasi-experiment with data from a major electricity price reform recently implemented in Spain and find robust evidence that consumers are failing to distinguish between fixed and marginal costs. As a result, the policy goal of cost recovery is not being achieved
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LABANDEIRA VILLOT, Xavier, LABEAGA AZCONA, José María and TEIXIDÓ-FIGUERAS, Jordi. Major Reforms in Electricity Pricing: Evidence from a Quasiexperiment [WP]. IREA – Working Papers. 2018. Vol. IR18/28. [consulted: 8 of August of 2026]. Available at: https://hdl.handle.net/2445/126953