Rate regulation: Difference between revisions
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imported>Doug Williamson (Expand for Ofwat.) |
imported>Doug Williamson (Expand for Ofgem.) |
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Revision as of 16:34, 5 March 2018
Rate regulation is a framework for establishing the prices that can be charged to customers for goods and services.
This framework is subject to oversight and/or approval by a rate regulator.
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.
