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Page 50
its entirety , " must be appraised as to whether " the result reached " is just and reasonable . That appraisal , of course , requires certain criteria . The United States Supreme Court went on to supply such criteria : " The rate ...
its entirety , " must be appraised as to whether " the result reached " is just and reasonable . That appraisal , of course , requires certain criteria . The United States Supreme Court went on to supply such criteria : " The rate ...
Page 62
( C ) Ability to attract capital on reasonable terms Of course , the Hope case itself states that for a utility to earn an adequate return , it must be able to attract needed capital on reasonable terms . One question is always present ...
( C ) Ability to attract capital on reasonable terms Of course , the Hope case itself states that for a utility to earn an adequate return , it must be able to attract needed capital on reasonable terms . One question is always present ...
Page 140
By reducing regulatory lag to a reasonable period , the Index is designed to demonstrate to investors that a stable earnings pattern has returned to the utility . This should produce a reduc- tion in cost of capital .
By reducing regulatory lag to a reasonable period , the Index is designed to demonstrate to investors that a stable earnings pattern has returned to the utility . This should produce a reduc- tion in cost of capital .
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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