Unless there is a full-scale revaluation utility prices never go down.
Practical issues exist with attempts to use Ramsey pricing for setting utility prices.
He obtained the contract in 1985 when utility prices were considerably higher than they are now.
Upward pressures on inflation came from utility prices, which rose at their fastest annual rate since February 2009.
So King forecasts that sterling won't go any lower and that utility prices will go down with drops in the oil price.
We should implement market-based approaches to air and water quality that guarantee results while keeping utility prices affordable for Americans.
These upgrades reduce costs for low-income residents, who arguably are most in need of relief from rising utility prices.
The Saudi government does not want to raise utility prices for consumers, nor to subsidize the companies' revenue demands from its depleted treasury.
That may be a little optimistic, given the steep rises in utility prices that have been pushed through by the energy companies in recent months.
And to reduce the government's budget deficit, which now absorbs 16 percent of national output, taxes and utility prices would be raised sharply.