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Rate Calculations for Electric Light and Power: Report to St. Louis Public Service Commission (Classic Reprint) - Hardcover

James E. Allison

 
9780366272860: Rate Calculations for Electric Light and Power: Report to St. Louis Public Service Commission (Classic Reprint)

Synopsis

This book provides an in-depth examination of rate calculations for electric light and power, offering a comprehensive analysis of various methods used to determine fair and equitable pricing. The author, an experienced professional, presents a critical assessment of both the "Cause Theory" and "Use Theory" approaches, highlighting their strengths and limitations. Going beyond theoretical frameworks, the book delves into practical considerations, including the influence of peak demand, customer behavior, and the concept of "expediency" in rate-setting. It emphasizes the importance of tailoring rates to specific consumer classes, taking into account factors such as residential, commercial, and industrial usage patterns. Drawing upon real-world data, the author illustrates how different rate calculation methods can lead to varying outcomes and explores the challenges of reconciling cost-of-service principles with the need for flexibility and adaptability. Through careful analysis and thoughtful discussion, this book offers valuable insights into the complexities of rate-setting for electric utilities, providing a nuanced understanding of how rates are determined and the factors that shape them.

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