Why power networks keep winning - at your expense | Business Spectator - 0 views
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John Pearce on 05 Aug 13"So we have a system of regulation that encourages the network service providers to over-egg their expenditure proposals, and should it ever be demonstrated that the regulator has given them too little in some part of their budget, they get to come back during the regulatory period and apply, successfully, for more. From the network service provider's point of view it's a case of heads I win, tails you lose."