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Page 188
The comparable earnings approach is therefore the approach used by this writer in finding a rate of return on common equity commensurate with that found in other enterprises having corresponding risks . The book value of common equity ...
The comparable earnings approach is therefore the approach used by this writer in finding a rate of return on common equity commensurate with that found in other enterprises having corresponding risks . The book value of common equity ...
Page 191
Given the same business risk , the utilities would be en- titled to a larger rate of return on common equity than the non - regulated companies to take account of the greater financial risk . Those who cannot be convinced that the non ...
Given the same business risk , the utilities would be en- titled to a larger rate of return on common equity than the non - regulated companies to take account of the greater financial risk . Those who cannot be convinced that the non ...
Page 117
The most finely tuned practitioners can divine innumerable refinements in the name of equity . Unfortunately , they can't tell us what equity is , or how we can ourselves judge whether this refinement is more or less equitable than that ...
The most finely tuned practitioners can divine innumerable refinements in the name of equity . Unfortunately , they can't tell us what equity is , or how we can ourselves judge whether this refinement is more or less equitable than that ...
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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