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Principles of Public Utility Rates

By James C. Bonbright, Albert L. Danielsen and David R. Kamerschen

Order $139.00 -- Hardbound, 700 pages.
ISBN#: 0-910325-23-5


Classic reference, previously out-of-print, available again in response to customer demand!

Since 1961, Principles of Public Utility Rates, has laid the foundation of public utility pricing theories, policies and the economic concepts supporting rate designs. Updated to reflect new rate-making challenges, this book continues to be cornerstone reference for everyone involved in analyzing what constitutes fair and reasonable utility rates.

The last printing sold out! Don't wait! Order your copy today!

AVAILABILITY: This title is available for shipment.

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Table of Contents

Part One: Scope and General Paradigm Issues

    Chapter 1: The Public Utility Concept
    Chapter 2: Alternative Paradigms of Regulation
    Chapter 3: The Public Interest as the Assumed Goal of Ratemaking

Part Two: The Paradigm of Public Utility Regulation

    Chapter 4: The Role of Public Utility Rates
    Chapter 5: Cost of Service as a Basic Standard of Reasonableness
    Chapter 6: Value of Service as an Ancillary Standard
    Chapter 7: Competitive Price as a Rate Regulation Standard
    Chapter 8: Social Principles of Ratemaking
    Chapter 9: Fairness versus Functional Efficiency in Ratemaking

Part Three: The Rate Base and Rate of Return

    Chapter 10: Criteria of a Fair Return
    Chapter 11: The Rate Base: Cost or Value
    Chapter 12: The Rate Base: Original Cost With or Without Adjustment for Price-Level Changes
    Chapter 13: Original and Replacement Cost Standards of Rate Base
    Chapter 14: The Fair Rate of Return
    Chapter 15: Some Problems with Using a Fair Rate of Return Standard

Part Four: The Rate Structure

    Chapter 16: Criteria of a Sound Rate Structure
    Chapter 17: Marginal Costs and Optimal Pricing
    Chapter 18: The Philosophy of Marginal-cost Pricing
    Chapter 19: Fully Distributed Costs
    Chapter 20: Discrimination, Due and Undue

Part Five: Criticisms of and Alternatives to Traditional Public Utility Regulation

    Chapter 21: Criticisms of and Alternatives to Traditional Regulation
    Chapter 22: Assessment of Competition and Regulation in Telecommunications, Electrics, and Natural Gas

References
Index of Authors
Index of Public Laws and Cases
Index of Subjects






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