Pricing periods under rate-of-return regulation
โ Scribed by Roger Sherman
- Publisher
- Springer US
- Year
- 1989
- Tongue
- English
- Weight
- 575 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0922-680X
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This note provides a simple, general proof that if a regulated firm is allowed to earn its actual (nominal) one-period cost of capital on the depreciated original cost of its investments, and if actual earnings equal allowed earnings, then the net present value of all investments is zero for any met
This paper discusses the pricing of services for long-lived capital-intensive energy projects. Its purpose is to offer alternatives to rate structures associated with traditional accounting methods and rate-of-return regulation. These result in front-end loading of costs, leading to inefficiencies a