From inside the book
Results 1-3 of 80
Page 127
In this paper , a modified version of the Averch - Johnson model is used to demonstrate that , with quantity effects held constant , as the return allowed on capital approaches the cost of capital , unit costs increase .
In this paper , a modified version of the Averch - Johnson model is used to demonstrate that , with quantity effects held constant , as the return allowed on capital approaches the cost of capital , unit costs increase .
Page 138
It might thus seem that the return allowed on capital by commissions is already included . The crucial point is that the strictness or laxity of a regulatory commis- sion is determined by the return allowed on equity capital .
It might thus seem that the return allowed on capital by commissions is already included . The crucial point is that the strictness or laxity of a regulatory commis- sion is determined by the return allowed on equity capital .
Page 148
When the optimal quantity is allowed to vary with the rate of return , then the total effect of regulation on unit costs becomes an empirical question which depends on economies of scale and also on the relationship between changes in ...
When the optimal quantity is allowed to vary with the rate of return , then the total effect of regulation on unit costs becomes an empirical question which depends on economies of scale and also on the relationship between changes in ...
What people are saying - Write a review
We haven't found any reviews in the usual places.
Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
Other editions - View all
Common terms and phrases
accounting additional adjustment agencies allowed amount analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned 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 important income increase industry inflation interest investment investors Iowa 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
Bibliographic information
| Title | Proceedings of the Annual Iowa State University Regulatory Conference on Public Utility Valuation and the Rate Making Process, Volumes 13-16 |
| Contributors | Iowa State University. Engineering Extension Service, Iowa State University. Industrial Engineering Dept |
| Publisher | Iowa State University., 1974 |
| Original from | the University of Michigan |
| Digitized | 22 Aug 2006 |
| Export Citation | BiBTeX EndNote RefMan |