Value for Rate-Making (Classic Reprint)

Henry Floy

ISBN 10: 1330649613 / ISBN 13: 9781330649619

Published by Forgotten Books, 2018

About this Item

Print on Demand. This book delves into the complex world of valuation for rate-making, particularly in the context of public utilities. It provides a comprehensive examination of the principles involved, legal rulings, and practical considerations in determining the fair value of properties used in serving the public. The author emphasizes the importance of considering both physical and intangible elements when determining value, and challenges some commonly held beliefs and practices in valuation. The book also underscores the significance of establishing correct principles for determining value, emphasizing that it is not only essential for utilities but also for customers to receive adequate service at fair rates. Proper valuation ensures efficient service, while inadequate valuation can lead to dissatisfaction and ultimately, loss of value. This book serves as a valuable resource for utility managers, regulators, and anyone seeking a deeper understanding of the intricate subject of valuation for rate-making. It offers practical guidance and thought-provoking insights into the complexities of determining the fair value of public utility properties. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Seller Inventory # 9781330649619_0

Bibliographic Details

• Title: Value for Rate-Making (Classic Reprint)
• Publisher: Forgotten Books
• Publication Date: 2018
• Language: English
• ISBN 10: 1330649613
• ISBN 13: 9781330649619
• Binding: Paperback
• Condition: New
• Book Type: print-on-demand item
• Seller catalogs:
  • General Administrative Records

About this title

Synopsis

How utilities are valued for fair, reliable rates—and what that means for consumers and regulators.

This book explains the basis for rate decisions in public utilities, focusing on determining fair value of property used in service. It covers the challenges of building an inventory, choosing the right measures of value, and the importance of considering not just physical assets but non-physical factors like franchise rights and other intangibles. Written by Henry Floy, it presents a logical framework for valuing property to support lawful, reasonable rate outcomes.

Value for Rate-Making examines how present value, depreciation (real versus theoretical), and development costs influence pricing. It also addresses the role of law, court decisions, and practical engineering experience in shaping valuation practice. This edition aims to clarify how values are established and used in rate cases, sale, or regulatory review.

• Learn the differences between present value, original cost, and depreciation as foundations for rate decisions.
• Understand why intangible elements like franchise rights can affect overall value.
• Explore how legal rulings and regulatory practices shape valuation methods in practice.
• Discover how to frame a clear, defendable inventory and pricing approach for rate cases.

Ideal for engineers, regulators, and policy readers seeking a grounded view of how utility value supports fair rates.