Legal Phases of Central Station Rate Making for Electric Supply, Including the Status of the Wholesale Customer, the Status of the Special Customer and Reasonable Profit, Its Definition, Collection and Distribution (Paperback)


This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911. Excerpt: ... petition exists here, and the confusion and extra cost of maintaining connecting wires would more than off-set the saving indicated. 61. My general conclusions are then as follows: (a) Equitably, legally and as a matter of policy an electric company may make a lower rate to a large consumer; not because he is a large consumer, but because of the conditions ordinarily coincident with large consumption. (b) The measure of the reduction of rate is the difference in the cost of service, plus some part of the company's reasonable profit. As a matter of policy, all the difference in the cost of service should not be unnecessarily given to wholesale customers, but some portion should be used in sustaining the average to the benefit of the small consumers. Equity forbids that all the margin of profit be given to the large consumer. The law does not prohibit either of these extremes; but if the rate is questioned, will require adequate proof that neither limit has been passed. (c) Actual or potential competition warrants, both in law and equity, the giving of a lower rate to a wholesale consumer, but concessions for this cause should be made by reduction from the reasonable profit. The company must be prepared to prove that the concession made has not rendered the business unprofitable, nor added to the reasonable charges to other customers. (d) Equity and policy both require that the company share its profits, resulting from greater use and more economical operation of its plant, with the customers, whose business has produced these profits. The law does not at present require this division, but in specific cases, as the London and Boston sliding scales for Gas Companies, has sanctioned a simple rule for such division. A more complete rule, which would distinguis...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911. Excerpt: ... petition exists here, and the confusion and extra cost of maintaining connecting wires would more than off-set the saving indicated. 61. My general conclusions are then as follows: (a) Equitably, legally and as a matter of policy an electric company may make a lower rate to a large consumer; not because he is a large consumer, but because of the conditions ordinarily coincident with large consumption. (b) The measure of the reduction of rate is the difference in the cost of service, plus some part of the company's reasonable profit. As a matter of policy, all the difference in the cost of service should not be unnecessarily given to wholesale customers, but some portion should be used in sustaining the average to the benefit of the small consumers. Equity forbids that all the margin of profit be given to the large consumer. The law does not prohibit either of these extremes; but if the rate is questioned, will require adequate proof that neither limit has been passed. (c) Actual or potential competition warrants, both in law and equity, the giving of a lower rate to a wholesale consumer, but concessions for this cause should be made by reduction from the reasonable profit. The company must be prepared to prove that the concession made has not rendered the business unprofitable, nor added to the reasonable charges to other customers. (d) Equity and policy both require that the company share its profits, resulting from greater use and more economical operation of its plant, with the customers, whose business has produced these profits. The law does not at present require this division, but in specific cases, as the London and Boston sliding scales for Gas Companies, has sanctioned a simple rule for such division. A more complete rule, which would distinguis...

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Product Details

General

Imprint

General Books LLC

Country of origin

United States

Release date

2012

Availability

Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.

First published

2012

Authors

Dimensions

246 x 189 x 4mm (L x W x T)

Format

Paperback - Trade

Pages

82

ISBN-13

978-1-150-35578-3

Barcode

9781150355783

Categories

LSN

1-150-35578-6



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