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Public Utility Rates

Author: Harry Barker
Publisher: Franklin Classics
ISBN: 9780342234240
Size: 38.27 MB
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This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Public Utility Regulation

Author: Kenneth Nowotny
Publisher: Springer Science & Business Media
ISBN: 9400925085
Size: 71.93 MB
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David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.

The Economics Of Regulation

Author: Alfred Edward Kahn
Publisher: MIT Press
ISBN: 9780262610520
Size: 78.52 MB
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As Chairman of the Civil Aeronautics Board in the late 1970s, Alfred E. Kahn presidedover the deregulation of the airlines and his book, published earlier in that decade, presented thefirst comprehensive integration of the economic theory and institutional practice of economicregulation. In his lengthy new introduction to this edition Kahn surveys and analyzes thederegulation revolution that has not only swept the airlines but has transformed American publicutilities and private industries generally over the past seventeen years.While attitudes towardregulation have changed several times in the intervening years and government regulation has waxedand waned, the question of whether to regulate more or to regulate less is a topic of constantdebate, one that The Economics of Regulation addresses incisively. It clearly remains the standardwork in the field, a starting point and reference tool for anyone working in regulation.Kahn pointsout that while dramatic changes have come about in the structurally competitive industries - theairlines, trucking, stock exchange brokerage services, railroads, buses, cable television, oil andnatural gas - the consensus about the desirability and necessity for regulated monopoly in publicutilities has likewise been dissolving, under the burdens of inflation, fuel crises, and thetraumatic experience with nuclear plants. Kahn reviews and assesses the changes in both areas: he isparticularly frank in his appraisal of the effect of deregulation on the airlines.His conclusiontoday mirrors that of his original, seminal work - that different industries need different mixes ofinstitutional arrangements that cannot be decided on the basis of ideology.Alfred E. Kahn is RobertJulius Thorne Professor of Political Economy at Cornell University and Special Consultant toNational Economic Research Associates.

Energy Pricing

Author: Roger L. Conkling
Publisher: Springer Science & Business Media
ISBN: 9783642154911
Size: 55.85 MB
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This book describes the processes through which rates for energy consumption are derived, ranging from initial analyses of the supply and demand parameters to the final forms and levels of end-use consumer prices. The author argues against aggressive accounting procedures, and suggests criteria for choosing firm's position on pending public policy issues. A handbook on energy formulae for non-professionals is included in the book. The author is adjunct professor at the University of Portland.

Taxation Of Public Utilities

Author: Richard E. Matheny
Publisher: LexisNexis
ISBN: 0327169370
Size: 36.53 MB
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Taxation of Public Utilities is the first comprehensive treatise ever published on the public utility industry's unique tax problems. It thoroughly explains and analyzes the complex interplay of the Internal Revenue Code, the financial accounting rules, and the regulatory and ratemaking process. Highlights include: • Normalization rules • Contributions in aid of construction • Accounting for income taxes • Customer deposits • Consolidated tax savings from nonregulated affiliates • The Alternative Minimum Tax (AMT) • The uniform Capitalization rules First published in 1993, updated annually.

Accounting For Public Utilities

Author: Robert L. Hahne
Publisher: LexisNexis
ISBN: 1579110479
Size: 41.76 MB
Format: PDF, ePub
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Accounting for Public Utilities provides a comprehensive analysis of accounting for public utilities, bringing into focus all the special types of accounting rules, situations, and adaptations that are essential in this highly specialized industry. Highlights include: • Discussion of ratemaking concepts, including styles of ratemaking, determining utility rate base, cost allocations and normalization • Analysis of regulatory accounting and reporting requirements • Explanation of accounting for taxes, public utility regulation, management accounting systems, pricing and depreciation Don't miss this essential guide, packed with insightful analysis and discussion and custom designed for anyone who needs an accounting reference for public utilities.

Electricity Pricing

Author: Lawrence J. Vogt
Publisher: CRC Press
ISBN: 1351837362
Size: 23.46 MB
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As the advent of the Smart Grid revolutionizes how homeowners and businesses purchase and manage power, electricity pricing is becoming more complicated and intricate than ever before, while the need for more frequent rate revisions remains a primary issue in the field. A timely and accessible guide for the new industry environment, Electricity Pricing: Engineering Principles and Methodologies helps those involved in both the engineering and financial operations of electric power systems to "get the money right" while ensuring reliable electric service at a fair and reasonable cost. Explores both the business functions and engineering principles associated with electricity pricing Examining pricing approaches and opportunities, this book presents tools, viewpoints, and explanations that are generally not found in contemporary literature. It clarifies valuable analysis techniques, realistic examples, and unique lessons passed along from those inside the industry. This "how to do it" guide fosters a multidisciplinary understanding that integrates information, methodologies, and techniques from accounting, economics, engineering, finance, and marketing. Detail-oriented but still mindful of the big picture, this book examines the complex relationship between electricity, customers, and service providers in relation to pricing. Electricity Pricing also: Presents mathematical methods and techniques used to establish electricity prices, determine cost causation, and evaluate pricing structures and mechanisms Explores ways to translate and integrate cost elements into practical pricing structures Details how engineering concepts are used to apportion production, delivery, and associated costs to determine cost of service and to support all aspects of ratemaking strategy, design, analysis, and decision making This comprehensive professional reference addresses theory but remains grounded in no-nonsense practical applications. It is dually suited to introduce newcomers to the technical principles and methodologies of electricity pricing and provide veterans with a valuable consolidation of advanced tools for pricing analysis and problem solving. Watch an interview of the author at http://youtu.be/4fU8nkDVhNY