CWIP in FERC Electric Rate Base: Hearing Before the Subcommittee on Energy Conservation and Power of the Committee on Energy and Commerce, House of Representatives, Ninety-seventh Congress, Second Session, on H.R. 5755 ... August 13, 1982

Front Cover

From inside the book

Other editions - View all

Common terms and phrases

Popular passages

Page 52 - The thing devoted by the investor to the public use is not specific property, tangible and intangible, but capital embarked in the enterprise.
Page 112 - Commission must arrive at a rate level deemed by it to be just and reasonable, but in doing so it must consider the tendered allegations that the proposed rates are discriminatory and anticompetitive in effect.
Page 29 - Our decision today in no way disparages the national interest in energy conservation. We accept without reservation the argument that conservation, as well as the development of alternative energy sources, is an imperative national goal. Administrative bodies empowered to regulate electric utilities have the authority — and indeed the duty — to take appropriate action to further this goal.
Page 24 - The six major organizations are the American Association of Retired Persons, the National Retired Teachers Association, the National Council of Senior Citizens, the National Association of Retired Federal Employees, the National Council on the Aging and the National Caucus on the Black Aged. unimaginative "issues" developed initially through the technical advisory committees.
Page 3 - To amend the Federal Power Act to limit the recovery by public utilities of certain costs of construction work in progress through rate increases.
Page 20 - Alfred Kahn , former Chairman of the New York State Public Service Commission and the Civil Aeronautics Board, a "loan from ratepayers to the company.
Page 188 - Office Building, Washington, DC DEAR CONGRESSMAN YATES : I am submitting this letter for inclusion in the record of the hearings your Subcommittee is currently conducting on the Land and Water Conservation Fund appropriation for the 1979 fiscal year. The Congaree Limited Partnership, of which I am a general partner, holds title to the acreage in the Congaree Swamp of South Carolina that is the subject of Public Law 94-545, by...
Page 1 - Subcommittee will come to order. Today, we will hear testimony on HR 1753, the Methane Hydrate Research and Development Act of 1999.
Page 98 - FERC stated: ...tax normalization better achieves the goals of equity and fairness than does flow-through.. ..tax normalization matches tax benefits with cost responsibility.. . .Flow-through, through its inequitable allocation of tax costs over time, is found to distort the Commission's pricing policies. It is interesting to observe that FERC, in a 1987 rulemaking proceeding, noted the need for its jurisdictional utilities to adhere to the Code requirements to use the average rate assumption method...
Page 94 - Most of the states, however, continue to rely heavily on utility forecasts and to approve utility investment decisions with minimal scrutiny of forecasting practices and planning assumptions.

Bibliographic information