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PSC May Not Assign Zero Cost to Contributed Property
Publication year - 1984
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1984.tb05342.x
Subject(s) - depreciation (economics) , zero (linguistics) , supreme court , commission , capital (architecture) , property (philosophy) , economics , business , law and economics , actuarial science , microeconomics , finance , law , political science , capital formation , geography , philosophy , profit (economics) , linguistics , archaeology , epistemology , financial capital
In a rate case, the Supreme Court of Delaware ruled that the Public Service Commission may not assign a zero cost of capital to the accumulated depreciation of property contributed or donated to a water utility.