Incentives to improve electric utility performance : (Record no. 598518)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02433cam a2200349 i 4500 |
| 001 - CONTROL NUMBER | |
| control field | rnd000000000047412 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | RAND |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 920212s1985 caua b 000 0 eng d |
| 010 ## - LIBRARY OF CONGRESS CONTROL NUMBER | |
| LC control number | 85006456 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 0833006444 (pbk.) |
| 027 ## - STANDARD TECHNICAL REPORT NUMBER | |
| Standard technical report number | RAND/R-3245-RC |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Sirsi) a188513 |
| 037 ## - SOURCE OF ACQUISITION | |
| Terms of availability | $25.00 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | CstmoR |
| Transcribing agency | CstmoR |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HD9685.A2 |
| Item number | J56 1985 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Johnson, Leland L. |
| Relator term | author. |
| 245 10 - TITLE STATEMENT | |
| Title | Incentives to improve electric utility performance : |
| Remainder of title | opportunities and problems / |
| Statement of responsibility, etc | Leland L. Johnson. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE STATEMENTS | |
| Place of production, publication, distribution, manufacture | Santa Monica, CA : |
| Name of producer, publisher, distributor, manufacturer | RAND, |
| Date of production, publication, distribution, manufacture | 1985. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xvii, 96 pages : |
| Other physical details | illustrations ; |
| Dimensions | 23 cm |
| 336 ## - CONTENT TYPE | |
| Content Type Term | text |
| Content Type Code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media Type Term | computer |
| Media Type Code | c |
| Source | rdamedia |
| 337 ## - MEDIA TYPE | |
| Media Type Term | unmediated |
| Media Type Code | n |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier Type Term | online resource |
| Carrier Type Code | cr |
| Source | rdacarrier |
| 338 ## - CARRIER TYPE | |
| Carrier Type Term | volume |
| Carrier Type Code | nc |
| Source | rdacarrier |
| 500 ## - GENERAL NOTE | |
| General note | "March 1985." |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE | |
| Bibliography, etc | Includes bibliographical references (p. 91-96). |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This report uses material from a recent Arizona Public Service Company rate case, and published literature, to address several issues generic to the electric utility industry: the effects on utility incentives and on rates to customers of including "construction work in progress" (CWIP) in the rate base; the use of prudence tests by regulators to determine what costs should, and which should not, be passed on to ratepayers; and the use of incentive programs, with explicit rewards and penalties, to reduce the construction costs of large power plants and to improve their operating performance after they go into service. It draws three major conclusions: (1) Economic principles do not support the notion that cost recovery from ratepayers should begin only after a plant is used and useful. (2) Traditional accounting practices produce rate shocks that force prices upward at the very time that the costs of using a plant are declining. Putting CWIP in the rate base is one of the ways rate shocks can be reduced. (3) Although including CWIP in the rate base may generate perverse incentives, the exclusion of CWIP from the rate base can also generate perverse incentives for utilities faced with severe cash flow problems. |
| 530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE | |
| Additional physical form available note | Also available on the internet via WWW in PDF format. |
| 588 ## - | |
| -- | Description based on print version record. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Electric utilities |
| General subdivision | Finance. |
| 710 2# - ADDED ENTRY--CORPORATE NAME | |
| Corporate name or jurisdiction name as entry element | Rand Corporation. |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Link text | Online Access |
| Uniform Resource Identifier | <a href="http://www.rand.org/pubs/reports/R3245/">http://www.rand.org/pubs/reports/R3245/</a> |
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