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Utility Entitled to Return on Property It Funded
Publication year - 1992
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.1551-8833.1992.tb07423.x
Subject(s) - property (philosophy) , rate of return , property value , expected return , service (business) , actuarial science , value (mathematics) , economics , law and economics , business , finance , computer science , marketing , philosophy , epistemology , portfolio , real estate , machine learning
A sewage utility is entitled to include in its rate base the value of property used and useful in providing public service and for which the utility is entitled to a reasonable rate of return, provided that the utility funded the property, rather than received the property as a contribution.