Evaluating of the Restructuring of the Jordanian Electric Company (1968-2017)

Objectives: This study aims to identify the impact of restructuring Jordan's electricity sector on advantages vertical integration Jordanian Electric Power Company (JEPCO) before restructuring, experimentally verifying existence economies scale and (vertical horizontal integration), testing natural monopoly JEPCO using a time series during period (2017-1968).
 Methods: To achieve purposes study, multistage output quadratic cost function was estimated with equations capital price contribution work from total costs as system Seemingly Unrelated Regression (SUR) equation system.
 Results: Empirical results indicated real scale, particular product's in both household generating energy sales non-household. The also savings range integration, that had lost benefits company it stopped electricity, company's losses due dismantling averaged 12.98 million dinars.
 Conclusions: Based these results, emphasized need balance separating activities may occur result losing expected paving way for competition generation activity, which turn enhances consumers.