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Investment under RPI-X: Practical experience with an incentive compatible approach in the GB electricity distribution sector

机译：RPI-X下的投资：GB配电领域采用激励兼容方法的实践经验

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摘要

Regulatory price controls on the British (GB) electricity distribution sector have been a marked success. Charges to customers have been reduced, network reliability has improved and companies have made above average returns along the way. Nonetheless, each review brings new challenges. This article describes one of the main innovations introduced at the fourth electricity distribution price review (DPCR4) — an incentive compatible approach to setting capex allowances. We set out the rationale for its adoption, the practicalities in applying the mechanism and its position in the broader context of regulatory developments in the sector.
机译：英国（GB）配电部门的监管价格控制取得了显著成就。减少了对客户的收费，提高了网络可靠性，并且公司在此过程中取得了高于平均水平的回报。尽管如此，每次审查都带来了新的挑战。本文介绍了在第四次配电价格审查（DPCR4）上引入的一项主要创新-一种用于设置资本支出配额的激励兼容方法。我们列出了采用该机制的理由，该机制应用的实用性及其在该行业监管发展的更广泛背景下的地位。

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