Regulating Water Companies

The water industry differs in two key respects from such other network industries as gas, electricity, and telecommunications. First, it offers fewer opportunities for competition among suppliers, since the network of pipes accounts for a large par...

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Main Authors: Klein, Michael, Irwin, Timothy
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1996/05/441485/regulating-water-companies
http://hdl.handle.net/10986/11626
id okr-10986-11626
recordtype oai_dc
spelling okr-10986-116262021-04-23T14:02:56Z Regulating Water Companies Klein, Michael Irwin, Timothy CUBIC METER GAS INFLATION MONOPOLIES MONOPOLY SUPPLIERS PIPED WATER PIPELINES PRICE OF WATER PRODUCTIVITY QUALITY OF WATER QUALITY WATER RESERVOIRS SMALL TOWN TOWNS USE OF WATER WATER COLLECTION WATER COMPANIES WATER COMPANY WATER INDUSTRY WATER PIPES WATER QUALITY WATER SUPPLY WATER SUPPLY SYSTEM WATER SYSTEM WATER TREATMENT WATER USE WATER UTILITIES REGULATIONS WATER DISTRIBUTION WATER UTILITIES AUCTIONS PRICE PROJECTIONS MONOPOLIES The water industry differs in two key respects from such other network industries as gas, electricity, and telecommunications. First, it offers fewer opportunities for competition among suppliers, since the network of pipes accounts for a large part of the total cost of water and can be run efficiently only as a monopoly. Second, the quality of water is crucial but hard for consumers to check. So, to get the best performance out of water companies, governments need to regulate the price and quality of water. To do that job well, regulators must know the appropriate price. The authors explain that the best way to discover this price is to auction the right to supply water. 2012-08-13T15:34:15Z 2012-08-13T15:34:15Z 1996-05 http://documents.worldbank.org/curated/en/1996/05/441485/regulating-water-companies http://hdl.handle.net/10986/11626 English Viewpoint: Public Policy for the Private Sector; Note No. 77 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CUBIC METER
GAS
INFLATION
MONOPOLIES
MONOPOLY SUPPLIERS
PIPED WATER
PIPELINES
PRICE OF WATER
PRODUCTIVITY
QUALITY OF WATER
QUALITY WATER
RESERVOIRS
SMALL TOWN
TOWNS
USE OF WATER
WATER COLLECTION
WATER COMPANIES
WATER COMPANY
WATER INDUSTRY
WATER PIPES
WATER QUALITY
WATER SUPPLY
WATER SUPPLY SYSTEM
WATER SYSTEM
WATER TREATMENT
WATER USE
WATER UTILITIES REGULATIONS
WATER DISTRIBUTION
WATER UTILITIES
AUCTIONS
PRICE PROJECTIONS
MONOPOLIES
spellingShingle CUBIC METER
GAS
INFLATION
MONOPOLIES
MONOPOLY SUPPLIERS
PIPED WATER
PIPELINES
PRICE OF WATER
PRODUCTIVITY
QUALITY OF WATER
QUALITY WATER
RESERVOIRS
SMALL TOWN
TOWNS
USE OF WATER
WATER COLLECTION
WATER COMPANIES
WATER COMPANY
WATER INDUSTRY
WATER PIPES
WATER QUALITY
WATER SUPPLY
WATER SUPPLY SYSTEM
WATER SYSTEM
WATER TREATMENT
WATER USE
WATER UTILITIES REGULATIONS
WATER DISTRIBUTION
WATER UTILITIES
AUCTIONS
PRICE PROJECTIONS
MONOPOLIES
Klein, Michael
Irwin, Timothy
Regulating Water Companies
relation Viewpoint: Public Policy for the Private Sector; Note No. 77
description The water industry differs in two key respects from such other network industries as gas, electricity, and telecommunications. First, it offers fewer opportunities for competition among suppliers, since the network of pipes accounts for a large part of the total cost of water and can be run efficiently only as a monopoly. Second, the quality of water is crucial but hard for consumers to check. So, to get the best performance out of water companies, governments need to regulate the price and quality of water. To do that job well, regulators must know the appropriate price. The authors explain that the best way to discover this price is to auction the right to supply water.
format Publications & Research :: Viewpoint
author Klein, Michael
Irwin, Timothy
author_facet Klein, Michael
Irwin, Timothy
author_sort Klein, Michael
title Regulating Water Companies
title_short Regulating Water Companies
title_full Regulating Water Companies
title_fullStr Regulating Water Companies
title_full_unstemmed Regulating Water Companies
title_sort regulating water companies
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1996/05/441485/regulating-water-companies
http://hdl.handle.net/10986/11626
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