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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 ...
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.
Rate base is the value of property on which a public utility is permitted to earn a specified rate of return, in accordance with rules set by a regulatory agency.In general, the rate base consists of the value of property as used by the utility in providing service.
Rocket Loans looks at the factors including home size, usage and insulation that affect monthly utility bills and which residents in the U.S. have the highest costs.
Water and wastewater tariffs include at least one of the following components: a volumetric tariff, where water metering is applied, and; a flat rate, where no water metering is applied. Many utilities apply two-part tariffs where a volumetric tariff is combined with a fixed charge. The latter may include a minimum consumption or not.
The Utility Debt Securitization Authority is a separate New York State public-benefit corporation run by a governor-appointed board of trustees that is responsible for LIPA's financial reporting. [ 26 ] [ 27 ] In 2017, it had operating expenses of $122.2 million, an outstanding debt of $4.262 billion, and a level of staffing of 3 people.
The Public Utility Regulatory Policies Act (PURPA, Pub. L. 95–617, 92 Stat. 3117, enacted November 9, 1978) is a United States Act passed as part of the National Energy Act. It was meant to promote energy conservation (reduce demand) and promote greater use of domestic energy and renewable energy (increase supply).
CAPAO represents 1.3 million customers of investor-owned Class A & B water utilities. CAPAO scrutinizes water utility requests for additional revenues that will increase customer bills and intervenes to shape water policies to protect ratepayer interests while meeting the state’s water conservation goals.