Average Monthly Payment (AMP) plan is a utility policy designed to assist consumers in need such as low income and elderly. This study examines whether this utility policy is an advantage to these target customers. Results indicate that, with a muted price signal, the AMP plan produces an effect contrary to the objective of assisting low and fixed income consumers. Further, the study indicates consumers on the AMP plan consume more energy and the AMP plan does not appear to support energy conservation and efficiency.
|Number of pages||16|
|Journal||Journal of Consumer Affairs|
|Publication status||Published - 1993 Jan 1|
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- Economics, Econometrics and Finance(all)