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- W2328038439 abstract "Glenn P. Jenkins has argued that the price of electricity in Canada should be raised as much as 63 per cent because of an inadequate rate of return on past. utility investments. However, Jenkins calculated his recommended price from historical average utility costs, which are probably a poor representation of marginal costs. Moreover, Jenkins assumed that 10 per cent is the appropriate real rate of return on capital. Recent research suggests that the rate of return should be around 6 per cent. A major increase in the price of electricity could be damaging to economic welfare." @default.
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- W2328038439 date "1987-02-01" @default.
- W2328038439 modified "2023-09-26" @default.
- W2328038439 title "Public Utility Finance and the Cost of Capital: Comments on Jenkins" @default.
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- W2328038439 doi "https://doi.org/10.2307/135238" @default.
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