Construction Work in Progress Policy Act: Hearings Before the Subcommittee on Energy Regulation of the Committee on Energy and Natural Resources, United States Senate, Ninety-eighth Congress, Second Session, on S. 817 ... S. 1069 ... H.R. 555 ... April 12, May 18, and August 2, 1984 |
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... bills dealing with the arcane subject of FERC jurisdictional construction work in progress in rate base . These hearings are being held at the request of my colleague , Senator Chafee , and other interested members of the committee who ...
... bills dealing with the arcane subject of FERC jurisdictional construction work in progress in rate base . These hearings are being held at the request of my colleague , Senator Chafee , and other interested members of the committee who ...
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... bills dealing with the arcane subject of FERC jurisdictional construction work in progress in rate base . These hearings are being held at the request of my colleague , Senator Chafee , and other interested members of the committee who ...
... bills dealing with the arcane subject of FERC jurisdictional construction work in progress in rate base . These hearings are being held at the request of my colleague , Senator Chafee , and other interested members of the committee who ...
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... BILLS DEALING WITH THE ARCANE SUBJECT OF FERC JURISDICTIONAL CONSTRUCTION WORK IN PROGRESS IN RATE BASE . THESE HEARINGS ARE BEING HELD AT THE REQUEST OF SENATOR CHAFEE AND OTHER INTERESTED MEMBERS OF THE COMMITTEE WHO ARE CONCERNED ...
... BILLS DEALING WITH THE ARCANE SUBJECT OF FERC JURISDICTIONAL CONSTRUCTION WORK IN PROGRESS IN RATE BASE . THESE HEARINGS ARE BEING HELD AT THE REQUEST OF SENATOR CHAFEE AND OTHER INTERESTED MEMBERS OF THE COMMITTEE WHO ARE CONCERNED ...
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... BILLS WOULD SEVERELY LIMIT THE INCLUSION OF CONSTRUCTION WORK IN PROGRESS ( CWIP ) IN THE RATE BASE OF ELECTRIC UTILITIES . FOR EACH COMPANY , THIS WOULD MEAN THAT THE CONSTRUCTION COSTS OF ANY NEW BASELOAD ELECTRIC GENERATING PLANT ...
... BILLS WOULD SEVERELY LIMIT THE INCLUSION OF CONSTRUCTION WORK IN PROGRESS ( CWIP ) IN THE RATE BASE OF ELECTRIC UTILITIES . FOR EACH COMPANY , THIS WOULD MEAN THAT THE CONSTRUCTION COSTS OF ANY NEW BASELOAD ELECTRIC GENERATING PLANT ...
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... BILLS DEALING WITH THE ARCANE SUBJECT OF FERC JURISDICTIONAL CONSTRUCTION WORK IN PROGRESS IN RATE BASE . THESE HEARINGS ARE BEING HELD AT THE REQUEST OF SENATOR CHAFEE AND OTHER INTERESTED MEMBERS OF THE COMMITTEE WHO ARE CONCERNED ...
... BILLS DEALING WITH THE ARCANE SUBJECT OF FERC JURISDICTIONAL CONSTRUCTION WORK IN PROGRESS IN RATE BASE . THESE HEARINGS ARE BEING HELD AT THE REQUEST OF SENATOR CHAFEE AND OTHER INTERESTED MEMBERS OF THE COMMITTEE WHO ARE CONCERNED ...
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Common terms and phrases
AFUDC allowing CWIP alternative amount of CWIP APUDC bond ratings capacity capital attraction cash flow Chairman coal cogeneration commenters Commission's companies construction programs consumers cost of capital CWIP in rate CWIP policy CWIP regulation CWIP rule demand discount rate Docket earnings economic effect electric power electric utility industry Energy Regulatory Commission equity facilities Federal Energy Regulatory Federal Power Act FERC rule FERC's filing financial condition financial health financing costs fuel future higher included in rate including CWIP inclusion of CWIP interest investment investor-owned utilities investors issue jurisdictional KILMARX least-cost legislation megawatts million net present value nuclear plant powerplants present value price squeeze problem progress projects public utility purchased power rate base rate impact rate increases rate of return rate suppression ratemaking ratepayers retail revenue requirements Rhode Island risk rulemaking Senator CHAFEE Senator MURKOWSKI statement sumer tion utility's wholesale customers wholesale rate
Popular passages
Page 1179 - By that standard the return to the equity owner should be commensurate with returns on investments in other enterprises having corresponding risks. That return, moreover, should be sufficient to assure confidence in the financial integrity of the enterprise, so as to maintain its credit and to attract capital.
Page 1179 - public utility is entitled to such rates as will permit it to earn a return on the value of the property which it employs for the convenience of the public equal to that generally being made at the same time and in the same general part of the country on investments in other business undertakings which are attended by corresponding risks and uncertainties; but it has no constitutional right to profits such as are realized or anticipated in highly profitable enterprises or speculative ventures.
Page 1179 - Rates which enable the company to operate successfully, to maintain its financial integrity, to attract capital, and to compensate its investors for the risks assumed certainly cannot be condemned as invalid, even though they might produce only a meager return on the so-called "fair value
Page 788 - The Future of Electric Power in America: Economic Supply for Economic Growth (Washington, DC: 1983).
Page 471 - Under the statutory standard of "just and reasonable" it is the result reached not the method employed which is controlling. It is not theory but the impact of the rate order which counts. If the total effect of the rate order cannot be said to be unjust and unreasonable, judicial inquiry under the Act is at an end.
Page 1179 - ... it has no constitutional right to profits such as are realized or anticipated in highly profitable enterprises or speculative ventures. The return should be reasonably sufficient to assure confidence in the financial soundness of the utility and should be adequate, under efficient and economical management, to maintain and support its credit and enable it to raise the money necessary for the proper discharge of its public duties. A rate of return may be reasonable at one time and become too high...
Page 186 - ... the lawyers in the cause. A tribunal that is fully informed on the applicable law is better able to make a fair and accurate determination of the matter before it. The adversary system contemplates that each lawyer will present and argue the existing law in the light most favorable to his client.
Page 169 - certified pollution control facility" means a new identifiable treatment facility which is used, in connection with a plant or other property in operation before January 1, 1976, to abate or control water or atmospheric pollution or contamination by removing, altering, disposing, storing, or preventing the creation or emission of pollutants, contaminants, wastes, or heat and...
Page 182 - ... would influence them in their interpretation of the sweeping clauses of the Constitution and their interaction with one another. It would be not merely unusual, but extraordinary, if they had not at least given opinions as to constitutional issues in their previous legal careers.
Page 7 - STATEMENT OF HON. CLAIBORNE PELL, A US SENATOR FROM THE STATE OF RHODE ISLAND Senator PELL. Thank you very much, Mr. Chairman.