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Principles of Public Utility Rates

For over fifty years, Principles of Public Utility Rates has laid the foundation of public utility pricing theories, policies, and the economic concepts supporting rate designs. This book continues to be the cornerstone reference for everyone involved in analyzing what constitutes fair and reasonable utility rates.

Details and Features:

AUTHOR: JAMES C. BONBRIGHT, ALBERT L. DANIELSEN, and DAVID R. KAMERSCHEN


ISBN: 978-0-910325-2-33
6.25 x 9.25 inches
Hard cover, stitched spine
700 pages
2nd ed. (c) 1988


Table of Contents:

PART ONE: SCOPE AND GENERAL PARADIGM ISSUES
Chapter 1: The Public Utility Concept
Chapter 2: Alternative Paradigms of Regulation
Chapter 3: The Public Interest as the Assumed Goal of Ratemaking
PART TWO: THE PARADIGM OF PUBLIC UTILITY REGULATION
Chapter 4: The Role of Public Utility Rates
Chapter 5: Cost of Service as a Basic Standard of Reasonableness
Chapter 6: Value of Service as an Ancillary Standard
Chapter 7: Competitive Price as a Rate Regulation Standard
Chapter 8: Social Principles of Ratemaking
Chapter 9: Fairness versus Functional Efficiency in Ratemaking
PART THREE: THE RATE BASE AND RATE OF RETURN
Chapter 10: Criteria of a Fair Return
Chapter 11: The Rate Base - Cost or Value
Chapter 12: The Rate Base - Original Cost with or without Adjustment for Price-Level Changes
Chapter 13: Original an Replacement Cost Standards of Rate Base
Chapter 14: The Fair Rate of Return
Chapter 15: Some Problems with Using a Fair Rate of Return Standard
PART FOUR: THE RATE STRUCTURE
Chapter 16: Criteria of a Sound Rate Structure
Chapter 17: Marginal Costs and Optimal Pricing
Chapter 18: The Philosophy of Marginal-cost Pricing
Chapter 19: Fully Distributed Costs
Chapter 20: Discrimination, Due and Undue
PART FIVE: CRITICISMS OF AND ALTERNATIVES TO TRADITIONAL PUBLIC UTILITY REGULATION
Chapter 21: Criticisms of Alternatives to Traditional Regulation
Chapter 22: Assessment of Competition and Regulation in Telecommunications, Electrics, and Natural Gas

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