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Consumer support for a public utilities commission in Hong Kong

机译：消费者对香港公共事业委员会的支持

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摘要

Hong Kong's electricity service is superbly reliable and price-reasonable when compared to those of the major cities in the OECD countries. Based on the rate of return regulation in the U.S., the current scheme of control agreement (SCA) regulating the two local integrated investor-owned utilities (IOUs) will expire in 2018 (or in 2023 after an optional 5-year extension), thus offering an opportune time to consider proposals with long lead time to modify or replace the SCA. The proposals made to date range from modifications of the SCA to electricity market restructure. These proposals, however, overlook two important aspects of regulatory governance: transparency and public involvement. This paper estimates consumer support for the proposal to establish a Hong Kong public utilities commission (HKPUC) to improve the current regulatory process. Based on the responses collected in mid-2014 via a face-to-face survey of 1100 Hong Kong residents, we find that at the 1.5% bill surcharge, about 70% the respondents are estimated to support an HKPUC. Thus, there is sufficient consumer support for a financially viable HKPUC, implying that Hong Kong should consider the possibility of establishing an HKPUC, notwithstanding the substantial challenges to be overcome prior to its implementation. (C) 2014 Elsevier Ltd. All rights reserved.
机译：与经合组织国家的主要城市相比，香港的电力服务极为可靠且价格合理。根据美国的收益率监管，目前管制两个当地综合投资者所有公用事业（IOU）的控制协议协议（SCA）将于2018年到期（或在可选的5年延长后于2023年到期），因此提供了适当的时间来考虑修改或替换SCA的准备时间较长的提案。迄今为止，提出的提案涉及从SCA修改到电力市场重组的范围。但是，这些建议忽略了监管治理的两个重要方面：透明度和公众参与。本文估计了消费者对建立香港公共事业委员会（HKPUC）以改善当前监管程序的提议的支持。根据2014年中通过对1100名香港居民进行的面对面调查收集的反馈意见，我们发现，以票据附加费1.5％计算，估计约有70％的受访者支持HKPUC。因此，有足够的消费者支持在财务上可行的香港邮政公会，这意味着尽管实施前需要克服很多挑战，香港仍应考虑建立香港邮政公会的可能性。 （C）2014 Elsevier Ltd.保留所有权利。

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  • 来源
    《Energy Policy》 |2015年第1期|87-97|共11页
  • 作者

    Woo C. K.; Cheng Y. S.; Law A.; Zarnikau J.; Ho S. T.; Leung H. Y.;

  • 作者单位

    Hong Kong Baptist Univ, Dept Econ, Hong Kong, Hong Kong, Peoples R China;

    Hong Kong Baptist Univ, Dept Econ, Hong Kong, Hong Kong, Peoples R China;

    Hong Kong Baptist Univ, Ctr Adv Social Sci Res, Hong Kong, Hong Kong, Peoples R China;

    Univ Texas Austin, LBJ Sch Publ Affairs, Austin, TX 78713 USA|Univ Texas Austin, Div Stat, Austin, TX 78713 USA;

    Hong Kong Baptist Univ, Dept Econ, Hong Kong, Hong Kong, Peoples R China;

    Hong Kong Baptist Univ, Dept Econ, Hong Kong, Hong Kong, Peoples R China;

  • 收录信息 美国《科学引文索引》(SCI);美国《工程索引》(EI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Public utilities commission; Consumer support; Scheme of control agreement; Hong Kong;

    机译：公共事业委员会;消费者支持;控制协议书;香港;

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