The value of a regulated public utility and its operations as defined by its regulators and on which the company is allowed to earn a particular rate of return.
The value of assets upon which a utility is given the opportunity to earn a specified rate of return as established by a regulatory authority.
The value of property used by the utility in providing service upon which that utility is permitted to earn a specified rate of return as established by a regulatory authority. The rate may be calculated by any one or a combination of the following accounting methods: fair value, prudent investment, reproduction cost, or original cost.
The value established by a regulatory authority, upon which a utility is permitted to earn a specified rate of return. Generally, this represents the amount of property used and useful in public service and may be based on the following values or combinations thereof: fair value, prudent investment, reproduction cost, or original cost; and may provide for the inclusion of cash for working capital, Construction Work in Progress, Materials and Supplies, and deductions for Accumulated Provision for Depreciation, Customer Advances for Construction, and Accumulated Deferred Income Taxes and Accumulated Deferred Investment Tax Credits.
Relational Data Structure Returns
The original cost of plant used for gas service less contributions in aid of construction and reserves for depreciation, depletion, and amortization applicable to the plant plus an allowance for working capital. The rate of return is applied to the rate base to determine the amount of return which is intended to cover interest on debt, preferred stock dividends, and appropriate earnings on common stock equity.
This is generally calculated by adding up the original cost of all the physical assets and then subtracting the accumulated depreciation and deferred income tax.
The total original cost of a utility's investment in operative property presently devoted to public service, minus the accrued depreciation on such property, plus an allowance for working capital, plus or minus certain other items. This investment base is the amount to which the rate of return is applied.
The value of property upon which a utility is as established by a regulatory authority. The regulator-established value of property used by a utility in providing regulated services on which the utility is given the opportunity to earn a specified rate of return. Different accounting methods (which may be used in combination) for calculating the rate base include: fair value, prudent investment, replacement cost, or original cost.
The value of property upon which a utility is permitted to earn a specified rate of return as established by a regulatory authority. The rate base generally represents the value of property used by the utility in providing service and may be calculated by any one or a combination of the following accounting methods: fair value, prudent investment, reproduction cost, or original cost. Depending on which method is used, the rate base includes cash, working capital, materials and supplies, and deductions for accumulated provisions for depreciation, contributions in aid of construction, customer advances for construction, accumulated deferred income taxes, and accumulated deferred investment tax credits.