An examination of factors influencing aggregate electric utility equity return shortfalls
Journal Article
·
· Electricity Journal; (United States)
- Wake Forest Univ., Winston-Salem, NC (United States)
From 1976 to the present, electric utilities have earned returns that were either appreciably less or greater than their allowed equity return. The evidence suggests that equity earnings shortfalls can be explained in large part by inflation levels and changes in demand for electric power, as well as distortions in the regulatory process.
- OSTI ID:
- 5166502
- Journal Information:
- Electricity Journal; (United States), Journal Name: Electricity Journal; (United States) Vol. 6:10; ISSN ELEJE4; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
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