Transparency of retail energy pricing: Evidence from the us natural gas industry

Chi Keung Woo; Jay Zarnikau; Ira Horowitz; Alice Shiu

doi:10.1002/mde.2616

Transparency of retail energy pricing: Evidence from the us natural gas industry

Chi Keung Woo, Jay Zarnikau, Ira Horowitz, Alice Shiu

Research output: Journal article publication › Journal article › Academic research › peer-review

5 Citations (Scopus)

Abstract

We test and cannot reject the hypothesis that retail pricing of natural gas is transparent for commercial and residential customers served by regulated local distribution companies in the United States. The periods of adjustment to a wholesale price change are 1.54months for the commercial price and 1.69months for the residential price. These findings support the view that regulated local distribution companies quickly adjust retail prices to fully capture any change in the wholesale natural gas price.

Original language	English
Pages (from-to)	300-308
Number of pages	9
Journal	Managerial and Decision Economics
Volume	35
Issue number	4
DOIs	https://doi.org/10.1002/mde.2616
Publication status	Published - 1 Jan 2014

ASJC Scopus subject areas

Business and International Management
Management of Technology and Innovation
Strategy and Management
Management Science and Operations Research

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10.1002/mde.2616

Cite this

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Transparency of retail energy pricing: Evidence from the us natural gas industry

Abstract

ASJC Scopus subject areas

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