Electric Utility Rate Design Study: ratemaking, Topic 5. Illustrative rates for the Dayton Power and Light Company

Technical Report · Mon Jun 20 04:00:00 EDT 1977

OSTI ID:5194877

These illustrative rates are based on the time-differentiated marginal costs of DP and L (as presented in the marginal cost study for DP and L submitted under Topic 4 by NERA). The methods employed in developing these rates are based on the ideas expressed in NERA's Topic 5 (ratemaking) report. They illustrate how rates can be developed and, while being patterned on marginally determined costs, can be modified to prevailing regulatory precepts (such as producing ''just and reasonable revenues''), to the constraints imposed by metering capability and to the need for continuity and understandability in ratemaking. Unfortunately, the vicissitudes that have plagued DP and L the past winter made it virtually impossible to secure the additional data needed to complete the parallel ratemaking exercise (the subject of this report) with the precision and Company understanding that otherwise would have been a part of the effort. The methodology, circumstances, and substitutions applied to formulate this report are described. (MCW)

• Research Organization: National Economic Research Associates, New York (USA); Electric Power Research Inst., Palo Alto, Calif. (USA)
• OSTI ID: 5194877
• Report Number(s): NP-22530
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
CHARGES
COST
DESIGN
ECONOMICS
ELECTRIC POWER
ELECTRIC UTILITIES
INCOME
MARGINAL-COST PRICING
NORTH AMERICA
OHIO
POWER
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS
SIMULATION
USA
USES