Regulatory Design and Reform

Regulatory Design and Reform

In over 40 years of service to the utility industries, NERA has made many important contributions to both the theory and the practice of regulatory economics.

Policy makers are increasingly using economic analysis in their assessment of options for the institutional structure and scope of regulation. Economic analysis is especially well-suited to the task of designing and reforming regulatory institutions and methods because it is grounded in the principles of welfare maximization through market design. NERA experts, who are well versed in the most up-to-date and relevant research in these areas, use economics to help analyze issues, provide insights and formulate practical, innovative solutions to a wide range of problems.

NERA has a strong track record of working with policy makers, international agencies, regulators and water undertakers throughout the world to establish appropriate frameworks for economic regulation and policy in the water and sanitation sectors. We have addressed a wide range of practical regulatory issues in many different countries, including:

  • The vertical and horizontal allocation of regulatory responsibilities;
  • The design of contractual arrangements;
  • The improvement of incentive mechanisms for management;
  • The safeguarding of affordable access to utility services; and
  • The economic issues surrounding tariff setting and disputes.
Name Title Location Phone Email
George Anstey Senior Managing Director London
+44 20 7659 8630
+32 2 282 4340
Richard Druce Senior Managing Director London +44 20 7659 8540 richard.druce@nera.com
Dr. Richard Hern Senior Managing Director London
+44 20 7659 8582
+49 30 700 1506 01
Dr. Jeff D. Makholm Senior Managing Director Boston +1 617 927 4540 jeff.makholm@nera.com
James Grayburn Director London +44 20 7659 8572 james.grayburn@nera.com
Mike King Affiliated Consultant Denver
San Francisco
Washington, DC
+1 303 357 4781
+1 303 618 4915
+1 303 618 4915
Title Type Author
Using Price Signals to Better Manage Water Use Published Article Kevin Counsell
Economics in Environmental Decision-Making: US Environmental Protection Agency Provid... Working Paper Dr. David Harrison, Jr. et al.
A Cross-Sector and Cross-Country Review of Approaches to Transitioning to Markets Report Kevin Counsell, et. al.
Setting Efficient Tariffs for Wastewater Infrastructure Published Article George Anstey
Comments on EPA's Notice of Data Availability for §316(b) Stated Preference Surv... Report By Dr. David Harrison, Dr. Eugene Ericksen, Dr. Melissa Pittaoulis, and Dr. Bernard Reddy et. al.
Title Date Type
NERA Economic Consulting Opens Office in Milan, Italy 19 November 2019 Press Release