rate base

Rate base

The value of a regulated public utility and its operations as defined by its regulators and on which the company is allowed to earn a particular rate of return.

Rate Base

The value of the assets of a utility company. The rate base helps the local government determine the price the utility company is allowed to charge its customers. The rate base determines prices because it helps to ensure a reasonable profit for the utility company while keeping utilities (which are perceived as necessary) affordable for customers.

rate base

The valuation of a utility's assets for the purpose of determining the rates the utility is permitted to charge its customers. Exactly what a utility should be permitted to include in its rate base is often a point of contention between it and its customers.
References in periodicals archive ?
The consolidated capital expenditure plan for the 2018-2022 time period calls for $973M based on the need for additional wind and solar in rate base and capital spending for Astoria Station, a natural gas-fired plant that is expected to replace Hoot Lake Plant when it is retired in 2021.
Rate setting for the balance of the Corporation's regulated rate base is largely governed by state and provincial bodies in the jurisdictions in which the Fortis utilities operate.
The settlement agreement would also place the Beethoven wind project into the company's South Dakota rate base.
The Commission s decision, a 3-2 vote, follows months of review of major financial issues including whether to use an average or year-end rate base when reconciling expenses and revenue and what interest rate will be applied to the over or under collection that result from the annual reconciliations.
The five-year capital investment plan is projected to increase ITC's consolidated rate base from approximately $2.
Third, we have been able to increase our circulation rate base for the first time in more than 45 years.
Fast Company" is published monthly with a rate base of 750,000.
He found little impact on the AUES between pairs of rate base and non-rate-base inputs, but he found a large impact on the AUES between pairs of non-rate-base inputs.
Rate base adjustments attributable to the identical factors - the forced "sharing" of tax benefits - would also violate normalization.
eCompany Now was launched as a monthly in late 1999 and has a rate base of 375,000.