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FIRST SESSION Regulation and the Utility Industries
REGULATION AND THE UTILITY INDUSTRIES IN TUMULTOUS
THE PRICE OF ENERGY INDEPENDENCE
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accounting additional adjustment agencies allowed analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned conservation considered construction consumer continue cost curves customers decision demand depreciation determine earnings economic effect efficiency electric utilities energy equity estimated example existing expected expense fact factor Federal firm fuel future going growth higher impact important income increase industry inflation interest investment investors issues less load marginal means measure method Michigan natural operating peak percent period plant possible present problems production Public Utilities question rate of return ratio reasonable recent reduce regulation regulatory requirements reserve result revenue risk structure supply telephone tion unit