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This creates competing aims of capital attraction and fair prices for customers. Utility companies are therefore allowed to charge "reasonable rates," which are generally regarded as rates that allow utilities to encourage people to invest in utility stocks and bonds at the same rate of return they would in comparable non-regulated industries. [4]
A properly levied utility rate increase can be applied for purposes of generating increased utility revenues, but if those increased utility rates are also applied for purposes of generating increased utility user tax revenues, that might be a tax "increase" and trigger the voter approval requirement under Proposition 218.
The effective tax rate equals corporate taxes/corporate surplus. [11] Shareholders of corporations are taxed separately upon the distribution of corporate earnings and profits as a dividend. Tax rates on dividends are at present lower than on ordinary income for both corporate and individual shareholders.
The law forced electric utilities to buy power from other more efficient producers, such as cogeneration plants, if that cost was less than the utility's own "avoided cost" rate to the consumer; the avoided cost rate was the additional costs that the electric utility would incur if it generated the required power itself, or if available, could ...
(The Center Square) – California has completed yet another year with some of the highest electricity rates in the country – almost double the national average. The state’s electricity rates ...
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Its role is analogous to a municipal utility district or public utility district in the US. Below are the PUCs in Canada: Board of Commissioners of Public Utilities (Newfoundland and Labrador) [2] British Columbia Utilities Commission [3] Manitoba Public Utilities Board [4] New Brunswick Energy and Utilities Board [5] Nova Scotia Utility and ...
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