The Regulatory Policy Institute Research Group

Regulatory risk and cost of capital: summary of views of interveiwees

Delivered as part of ‘Regulatory risk and the cost of capital in the utilities‘, Occasional seminars and conferences 1996

Between July 1995 and January 1996 a series of one-to-one reviews were carried out with all the regulatory bodies, seven investment analysts, five companies each in the electricity and water industries, British Gas (BG), British Telecom (BT and British Airports Authority (BAA). Issues focused on the sources and nature of risk, the cost of capital and other pressing concerns of interviewees. This document provides a summary of the views expressed.

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