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Page 87
Third , and most important of the costs of inflation , is its destruction of some of the usually expensive information at the disposal of a business firm or utility and on the basis of which this firm conducts its business .
Third , and most important of the costs of inflation , is its destruction of some of the usually expensive information at the disposal of a business firm or utility and on the basis of which this firm conducts its business .
Page 93
E.g. , see W.S. Vickrey's " Interrelations between Interest Rates and Depreciation Rates , " in J.E. Haring and J.F. Humphrey , eds . , Utility Regulation During Inflation , Los Angeles , 1971 , pp . 59-70 . See I.M. Stelzer's paper in ...
E.g. , see W.S. Vickrey's " Interrelations between Interest Rates and Depreciation Rates , " in J.E. Haring and J.F. Humphrey , eds . , Utility Regulation During Inflation , Los Angeles , 1971 , pp . 59-70 . See I.M. Stelzer's paper in ...
Page 103
SOLVING THE INFLATION DILEMMA Marvin R. Wooten Chairman North Carolina Utilities Commission I am pleased and flattered to have been asked to share with you the views of one state regulator on the impact of inflation on Public Utilities ...
SOLVING THE INFLATION DILEMMA Marvin R. Wooten Chairman North Carolina Utilities Commission I am pleased and flattered to have been asked to share with you the views of one state regulator on the impact of inflation on Public Utilities ...
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Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
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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