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Page 190
The second fact is that the earnings of the electric utilities have grown at a much slower pace than for these nonregulated companies , especially in the last five years of generally strong upward cost and price pressures .
The second fact is that the earnings of the electric utilities have grown at a much slower pace than for these nonregulated companies , especially in the last five years of generally strong upward cost and price pressures .
Page 230
portion of its " earning . " As the new unit neared completion , the Utility's investments in the CWIP were higher and higher and its related AFDC accruals were greater and greater . As a result , for the 12 months ended May 31 ...
portion of its " earning . " As the new unit neared completion , the Utility's investments in the CWIP were higher and higher and its related AFDC accruals were greater and greater . As a result , for the 12 months ended May 31 ...
Page 62
because bookkeeping earnings do not allow a company to pay currently such items as wages , interest , and common stock dividends . It is apparent to me that the AFUDC method , which was a good accounting con- cept when it was formulated ...
because bookkeeping earnings do not allow a company to pay currently such items as wages , interest , and common stock dividends . It is apparent to me that the AFUDC method , which was a good accounting con- cept when it was formulated ...
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Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
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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