A practical guide to setting fair rates for public utilities, grounded in real reports and careful analysis.
The book aims to be entirely practical and concise, tying rate making to real-world data and city needs. It emphasizes checking results by different methods and using selected reports to illustrate how to apply principles in detail.
Readers will find grounded discussions of valuing existing works, handling used versus unused capacity, and balancing public service with reasonable profit. It also contrasts approaches in the United States with methods used in England, offering guidance for engineers, accountants, and policymakers.
- Grounded, practical methods for appraising present value, depreciation, and capacity use.
- How to verify results with multiple independent calculations and cross-checks.
- Realistic examples and step-by-step computations for public utilities like gas and electricity.
- Insights on regulation, commissions, and the role of home rule in rate decisions.
Ideal for readers involved in utility management, city planning, engineering, or public policy who want clear, actionable guidance.