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Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [1] Ratemaking, typically carried out through "rate cases" before a public utilities commission , serves as one of the primary instruments of government regulation of ...
To determine the prudency of the investment, the PSC applies the prudent investment test or standard, determining if the costs were reasonable at the time they were incurred, and given the circumstances and what was known or knowable at the time, are to be included in the firm's rates. [3]
In 1913, the Corporation Commission was given responsibility for regulating water and hydroelectric utilities. In 1920 the commission was replaced by a single Utilities Commissioner and some part-time staff. [1] In 1941, the General Assembly created the North Carolina Utilities Commission, composed of three commissioners serving six-year terms.
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Rates in the United States in Clovis, CA are $0.42/m3. [ 12 ] and $1.60/m3 in Seattle [ 13 ] The highest water and wastewater tariffs were found in Aarhus, Denmark (US$9.21/m3), Essen, Germany (US$7.35/m3; not included in the OECD survey) Copenhagen, Denmark (US$7.09), and four Australian cities (Perth, Brisbane, Adelaide and Sydney) where the ...
A utility's capital structure may have a significant debt component, which exposes the company to interest rate risk. [11] Should rates rise, the company must offer higher yields to attract bond investors, driving up the utility's interest expenses. If the company's debt load and interest expense becomes too large, its credit rating will ...
There’s typically no limit to the number of bills that can be enrolled in online bill pay, meaning that credit card bills, rent payments and utility bills can be viewed and paid all in one place ...
Utility bills cover essential household services such as electricity, sewer, water, trash pickup, phone, internet and gas. The bills can add up -- a GOBankingRates study found that 30% of Americans...