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Page 187
Rate of Return on Common Equity In approaching the rate of return on common equity , the starting point has for three decades been the Supreme Court decision in the celebrated Hope case , where the Court said : " From the investor or ...
Rate of Return on Common Equity In approaching the rate of return on common equity , the starting point has for three decades been the Supreme Court decision in the celebrated Hope case , where the Court said : " From the investor or ...
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 255
Rate of Return Patterns Under Inflation . Exhibit 2 - a shows the rate of return pattern facing a typical utility company when ( 1 ) inflation is constantly driving costs up , ( 2 ) prices , which are set by regulatory action ...
Rate of Return Patterns Under Inflation . Exhibit 2 - a shows the rate of return pattern facing a typical utility company when ( 1 ) inflation is constantly driving costs up , ( 2 ) prices , which are set by regulatory action ...
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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