The Setting of Allowed Rates of Return for Public Utilities (Classic Reprint) - Hardcover

Stavros B. Thomadakis

Hardcover

ISBN 10: 0267554273 ISBN 13: 9780267554270

Publisher: Forgotten Books, 2018

Synopsis

How regulated rates are set for public utilities—and who really pays the price

This book examines how regulators decide the rates allowed for electric and other public utilities. It explains how debt, equity, and tax effects can influence the price consumers see, and why stockholders might be insulated from past decisions in some cases. The discussion blends theory with testable ideas about how accounting values and book costs relate to real returns.

• Learn the key ideas behind the rule of comparable earnings and how it can shift costs between the consumer and investors
• See how debt levels, preferred stock, and tax treatment can shape allowed rates on equity and overall rates
• Understand the potential gaps between book values and real returns that regulators must consider

Ideal for readers curious about how financial theory meets regulatory practice in the utility sector, and for anyone seeking a clearer view of rate setting and its consequences.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0267554273
• ISBN 13: 9780267554270
• Binding: Hardcover
• Number of pages: 57