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Highways as Network Utilities

Highways as Network Utilities

Chapter:
(p.175) Chapter Eight Highways as Network Utilities
Source:
Rethinking America's Highways
Author(s):
Robert W. Poole Jr.
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226557601.003.0008

After explaining traditional utilities and their regulation by utility commissions, this chapter suggests how highway utilities would be governed. Based on overseas experience, it proposes the long-term concession agreement as the means of regulatory oversight. It also sets forth value-added tolling provisions aimed at customer protection.

Keywords:   Public utilities, Rate regulation, Mileage-based user fees (MBUFs), Transportation user co-ops, Value-added tolling, Financial markets, Transparency

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