Energy Utility Rate Setting

A Practical Guide to the Retail Rate Setting Process for Regulated Electric and Natural Gas Utilities. This book, now revised and updated, explains how the traditional rate setting process is commonly done for energy utilities. This book includes a discussion of revenue requirement, rate base, cost of capital, expenses, revenues, rate-making objectives, cost of service studies, rate design, the rate case process, tariff policies, metering, service quality and other types of cases affecting rates. The book concludes with a numerical example showing the calculation steps from revenue requirement to rate design.