Regulatory and tax treatment of electric resources
Conference
·
OSTI ID:10178943
Integrated resource Planning (IRP) focuses on providing customer energy-service needs at the lowest cost. This paper addresses the flip side of IRP, how shareholders -are when utilities build power plants with different capital and operating costs, buy power from others, or run demand-side -management (DSM) programs. in general, shareholder earnings are related to the capital cost of the project. However, the risk of a disallowance, delay in the rate case, or retail-price competition all change that conclusion. DSM programs, in spite of their capital-intensive nature, are especially harmful to shareholders for utilities that do not have a lost-revenue adjustment mechanism or that face price competition from other suppliers.
- Research Organization:
- Oak Ridge National Lab., TN (United States)
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- DOE Contract Number:
- AC05-84OR21400
- OSTI ID:
- 10178943
- Report Number(s):
- CONF-940893--4; ON: DE94017896
- Country of Publication:
- United States
- Language:
- English
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