Should Public Service Properties Be Depreciated To Obtain Fair Value In Rate Or Regulation Cases?
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Book Overview
This document explores the complex question of whether public service properties should be depreciated to ascertain fair value in rate or regulation cases. Authored by the Saint Louis Public Service Commission and James E. Allison, it delves into the intricacies of valuation methodologies as applied to public utilities and related infrastructure. The central theme revolves around the tension between historical cost, depreciation, and the determination of a 'fair value' for ratemaking purposes.
Offering insights into regulatory practices and economic considerations, this work is a valuable resource for legal professionals, economists, and policymakers involved in the oversight and management of public service entities. The analysis presented provides a historical context for understanding the ongoing debates surrounding utility regulation and asset valuation.
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