Full text: Valuation, depreciation and the rate base

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Public Service Commission decisions: : 
Wisconsin Railroad Commission: = 
Ross et al vs. Burkhardt Milling Railroad overhead expenses, 52. 
and Electric Power Company, Table 1, State of Michigan, 53. 
210. Table 1, State of Washington, 53. 
State Journal Printing Company Rates, cost of service as a modifier of, 
vs. Madison Gas and Electric 153. 
Company, 54, 162. frequent changes undesirable, 141. 
Stevens Point Lighting Company regulation, provisions of California 
case, 150. State Constitution, 146. 
Superior Commercial Club ws. right to regulate, 143. 
Duluth Street Railway Com- San Francisco Charter on fixing of, 
pany, go. 144. 
Public Service Commission law of New various factors involved, 160. 
York on franchise capitalization, Rate-base, appreciation to be included 
69. or not, 71, 74. 
Public Service concerns, competition definition, 30, 31, 155, 314. 
among, 149. depreciation deducted and not de- 
Public Service control, attitude of the ducted, 30, 129. 
Public Service Commissions, 150. determination of, 156, 196. 
California State Constitution, 143. effect of a bonus, 156. 
cooperation between commissions and factors to be considered in establish- 
owner, 150. ing, 157. 
Interstate Commerce Commission, franchise and water-rights not a part, 
J 148. 36. 
Massachusetts methods, 145. franchise value, 162. 
methods in other states, 147. general statement, 150. 
New York methods, 147. investment, must be determined, 30, 
Wisconsin methods, 147, 148. 35: 
(see Public utilities). J. W. Eshleman quoted, 157. 
Public service property, unlimited life Wisconsin Railroad Commission 
of (see Unlimited life), 35, 132. quoted, 138, 158. 
Public utilities, competition among, 149. without deduction of depreciation, 
control and regulation, 2, 142. 103. 
defined in California Public Utility natural, 31. 
Act, 146. ordinarily independent of market 
definition, 30. value, 197. 
excessive profits, 142. relation of earnings and volume of 
historical survey by Prof. J. H. Gray, business, 157, 161. 
3 two procedures in determination, 
other property values affected, 151. 129. 
public contribution to revenue of, 152. various factors to be considered in 
quasi-public character, 140. determining, 160. 
regulation, 141, 142. with and without deduction of de- 
regulation essential, 143. preciation, 129, 169. 
unearned increment applied, 7o. Rate-fixing, book accounts under vari- 
what they are entitled to, 3. ous methods, 175. 
496 INDE" 
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