The research presented in this thesis aims to improve our knowledge regarding the impact of privatisation and deregulation of public service type infrastructure industries. In recent years, Australia's industry reform policies have critically relied on rapid deregulation of major utilities such as telecommunication, gas and electricity. Although several industries have been deregulated in the last two decades, our understanding regarding the impact of deregulation on residential electricity market is still developing. In order to accomplish the research, about 400 residential customers were surveyed and their electricity consumption patterns (ECP)were monitored by installing special electronic meters. The findings are discussed in detail. As an implication to policy and practice there is an urgent need for a nation-wide standard,reshaping the practices of the electricity marketing and establishing a time-dynamic ECP monitoring system. Another important implication concerns the well-founded theories in micro-economic literature. This research has established that the price of the commodities and services charged by public service type utility suppliers should not be left entirely to the market forces concerned with demand - supply equilibrium. There is an urgent need to understand the role of different socio-economic segments in contributing to the economic efficiencies of public service type assets. More efficient segments should be equitably rewarded for their contributions rather than penalised perhaps due to the lack of their bargaining power.
Date of Award | 2004 |
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Original language | English |
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- electric utilities
- Australia
- electric power consumption
- deregulation
- electric industries research
Residential sector deregulation in the electricity industry : analysis of electricity consumption patterns
Gupta, P. (Author). 2004
Western Sydney University thesis: Doctoral thesis