The Process of Ratemaking

This work remains one of the most complete texts available on setting rates for regulated entities, taking the reader through rate proceeding protocols step-by-step, and providing him or her with historical context on the evolution and theory of utility regulation. This unique two-volume reference presents a cross-industry perspective of the methods and principles of rate-setting, drawing upon the decisions rendered in the transportation, insurance and gas utility sectors.- Understand how the principles governing the setting rates guide trial courts and practitioners.- Get more than 5,300 citations of court cases, administrative proceedings, rules, regulations, books and law review articles.- Gain access to more than 1,600 pages of text, 6,800 footnotes, 300 charts, tables and formulas.- Topics covered include: the rate proceeding, discretion and judgment, expected and project revenue, cost of service, depreciation, operation ratio and profit margin methods, and much, much more! Detail