Principles of Public Utility Rates / James C. Bonbright.

Format:

Book

Author/Creator:

Bonbright, James C., author.

Language:

English

Physical Description:

1 online resource

Place of Publication:

New York, NY : Columbia University Press, [1961]

Language Note:

In English.

Summary:

Centers attention on the basic criteria of reasonable public utility rates to bridge the gap between academic economists and the actual rate makers and regulators.

Contents:

Frontmatter

Preface

Contents

PART ONE. Basic Standards of Reasonable Rates

I. THE PUBLIC UTILITY CONCEPT

II. THE PUBLIC INTEREST AS THE ASSUMED GOAL OF RATE MAKING

III. THE ROLE OF PUBLIC UTILITY RATES

IV. COST OF SERVICE AS THE BASIC STANDARD OF REASONABLENESS

V. VALUE OF SERVICE AS AN ANCILLARY STANDARD

VI. COMPETITIVE PRICE AS A NORM OF RATE REGULATION

VII. SOCIAL PRINCIPLES OF RATE MAKING

VIII. FAIRNESS VERSUS FUNCTIONAL EFFICIENCY AS OBJECTIVES OF RATE MAKING POLICY

IX. RATE-LEVEL STANDARDS AND RATE-STRUCTURE STANDARDS

PART TWO. Fair-Return Standards of a Reasonable Rate Level

X. CRITERIA OF A FAIR RETURN

XI. THE RATE BASE: COST OR VALUE

XII. THE RATE BASE: ACTUAL COST WITH OR WITHOUT ADJUSTMENT FOR PRICE-LEVEL CHANGES

XIII. THE RATE BASE: ALLOWANCES FOR DEPRECIATION UNDER AN ACTUAL-COST STANDARD

XIV. THE RATE BASE: REPLACEMENT COST AS AN ALTERNATIVE STANDARD

XV. THE FAIR RATE OF RETURN

PART THREE. The Rate Structure

XVI. CRITERIA OF A SOUND RATE STRUCTURE

XVII. MARGINAL COSTS, SHORT-RUN AND LONG-RUN

XVIII. FULLY DISTRIBUTED COSTS

XIX. DISCRIMINATION, DUE AND UNDUE

XX. THE PHILOSOPHY OF MARGINAL COST PRICING

PUBLICATIONS CITED IN FOOTNOTES

TABLE OF CITED CASES

INDEX

Notes:

Description based on online resource; title from PDF title page (publisher's Web site, viewed 08. Jul 2019)

ISBN:

0-231-88861-9

OCLC:

1100445113