Proceedings of the Annual Iowa State University Regulatory Conference on Public Utility Valuation and the Rate Making Process, Volumes 13-16Iowa State University., 1974 |
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Page 127
... allowed on capital approaches the cost of capital , unit costs increase . The effect of changes in the allowed return on the quantity to be supplied and on prices is also investigated . At Data on costs , output , prices , and markets ...
... allowed on capital approaches the cost of capital , unit costs increase . The effect of changes in the allowed return on the quantity to be supplied and on prices is also investigated . At Data on costs , output , prices , and markets ...
Page 138
... 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 . Every commission allows the firm enough ...
... 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 . Every commission allows the firm enough ...
Page 148
... allowed return . If there are economies of scale , and if quantity and the allowed return are positively related , then the unit costs are shown to be unambiguously higher with tighter regulation . Using a derived measure of the ...
... allowed return . If there are economies of scale , and if quantity and the allowed return are positively related , then the unit costs are shown to be unambiguously higher with tighter regulation . Using a derived measure of the ...
Contents
12 | 39 |
25 | 45 |
DIVERGENT VIEWS WITHIN THE TELECOMMUNICATIONS INDUSTRY | 53 |
34 other sections not shown
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adjustment clauses allowed analysis antitrust assets average basis billion bonds book value capacity Chart coal common equity common stock competition conservation construction consumer consumption cost of capital customers DATRAN debt decision declining demand depreciation dividend dollars earnings economic effect efficient electric power electric utilities energy environmental estimated expense factor Federal Federal Power Commission financing firm fuel future growth higher historical cost impact income incremental cost inflation investment investor Iowa State University kilowatt Kilowatt-Hour lease load marginal cost ment monetary natural gas nuclear operating peak percent period plant price level problems production public utility rate base rate design rate increases rate of return rate structure ratio regulation residential result revenue requirements risk Section sumers supply telephone tion unit costs users utility companies utility rates utility services utility's variable