Financial returns to equity: the profitability of the electric utility

Journal Article · Thu Feb 18 04:00:00 EST 1982 · Public Util. Fortn.; (United States)

OSTI ID:5744753

Coyne, T J

The profits realized by each of the seven largest investor-owned electric utilities in the state of Ohio during the 1970s are compared with returns obtained by six large firms in the oil industry, as well as leading commercial banks, savings and loan associations, and large trucking companies during the same years. Each firm and each industry was analyzed by application of a return-to-equity model to determine if average returns over time for the electric utility industry in Ohio were equal to, less than or greater than returns on equity for all or any segment of these other selected financial and nonfinancial industries. Among the principal findings of the study is that correctly measured electric utility industry profits in Ohio were about the same as profits reported by all other firms and industries tested. 13 references, 2 tables.

• Research Organization: John Carroll Univ., Cleveland, OH
• OSTI ID: 5744753
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 109:4; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
COMPARATIVE EVALUATIONS
DATA
ELECTRIC UTILITIES
FINANCIAL DATA
GREAT LAKES REGION
INFORMATION
NORTH AMERICA
OHIO
PROFITS
PUBLIC UTILITIES
USA