Incentive-rate-of-return orders should specify how money costs are to be recovered, says NY regulator

Journal Article · Tue Nov 30 23:00:00 EST 1982 · Electr. Light Power; (United States)

OSTI ID:6582880

Utroska, D

A New York public service commissioner explains that the new incentive-rate-of-return (IROR) rules will tie ratemaking to utility-management efficiency and make it less dependent on changing regulatory attitudes by rewarding utility shareholders if plant construction is under cost and penalizing them for costs above the target. The rule applies to the carrying costs of construction work in progress (CWIP). The author describes several approaches under consideration by utilities, and describes what happens when CWIP is included in the rate base. (DCK)

• OSTI ID: 6582880
• Journal Information: Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 60:12; ISSN ELLPA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
CAPITALIZED COST
CONSTRUCTION
COST
CWIP
ELECTRIC UTILITIES
FINANCING
INVESTMENT
MANAGEMENT
POWER PLANTS
PUBLIC UTILITIES
RATE STRUCTURE