Providing Access to Electricity for the Unserved: A Free-Market Solution. Cato Journal, Vol. 33, No. 1 (Winter 2013).
Paul Ballonoff
The traditional problem often called “electricity development” is to improve and expand services from an established monopolistic electricity supplier. The lack of an effective dominant utility, however, is a defining condition for the 1.4 billion people without access for electricity, the so-called unserved. Therefore, the issues that arise are different from those of traditional utility service as a mandated monopoly. This article shows how free markets can help resolve the problem of serving the unserved.