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Page 137
The majority position has been stated that the law presumes that whatever expenditures a utility makes are , in fact , reasonable . The majority rule has been discussed and applied in numerous jurisdictions and decisions .
The majority position has been stated that the law presumes that whatever expenditures a utility makes are , in fact , reasonable . The majority rule has been discussed and applied in numerous jurisdictions and decisions .
Page 143
whether they are costs which a reasonable utility management ( or that of another jurisdictional entity ) would have made , in good faith , under the same circumstances , and at the relevant point in time .
whether they are costs which a reasonable utility management ( or that of another jurisdictional entity ) would have made , in good faith , under the same circumstances , and at the relevant point in time .
Page 144
In these cases , conformance with industry practice was considered strong evidence of reasonable conduct . Industry practice itself , however , represents an objective standard of conduct in the community . The industry criteria and the ...
In these cases , conformance with industry practice was considered strong evidence of reasonable conduct . Industry practice itself , however , represents an objective standard of conduct in the community . The industry criteria and the ...
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Bibliographic information
| Title | Proceedings of the Annual Iowa State University Regulatory Conference on Public Utility Valuation and the Rate Making Process, Volume 26 |
| Contributors | Iowa State University. Engineering Extension Service, Iowa State University. Industrial Engineering Department |
| Publisher | Iowa State University., 1987 |
| Original from | the University of Michigan |
| Digitized | 26 Aug 2006 |
| Export Citation | BiBTeX EndNote RefMan |