Panel presentation: Should some type of incentive regulation replace traditional methods for LDC's?

This paper discusses the problems with existing fixed-rate price regulation and how a deregulation of both the pipeline and gas utility companies are needed to enhance competition. The paper suggests alternative methods to traditional regulation which include a financial incentive package which allows or encourages utilities to make investments in more efficient energy management, to improve load factors to balance the energy demands between industrial and residential users, and reward purchases of gas supplies that out-perform an agreed upon level of rates of a cost index. Other incentive programs are proposed by the author with a relative detailed discussion on each topic