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Title: Electric rates: where we have been, where we are going

Journal Article · · Public Util. Fortn.; (United States)
OSTI ID:7213572

Inflation and raw energy shortages have prompted utility rate structures to change, a process in which the utilities are urged to assume leadership rather than wait for new structures to be imposed. It is important to understand historical trends and public attitudes toward utility rates before setting future directions toward meeting customer, demand, and commodity costs. Past rate designs led to the present concepts that rates should be cost-tracking, although some advocate rates that are disincentives to consumption. Public demands for economic relief have led to requests for ''life line rates'', a form of income redistribution, peak-load pricing, marginal costing, time-of-day pricing, and other strategies. The author reviews current proposals in the context of their social and economic benefits. Future rate designs can be expected to be more sophisticated, more socially oriented, and more costly. (DCK)

Research Organization:
Public Service Co. of Colorado, Denver
OSTI ID:
7213572
Journal Information:
Public Util. Fortn.; (United States), Vol. 99:10
Country of Publication:
United States
Language:
English