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- W335622986 abstract "Issues and implications of electricity rates based on marginal costs of production and distribution were the topic of a series of hearings and public meetings held by the Los Angeles Department of Water and Power before its Electric Rate Structure Committee. This paper presents testimony and discussion from these meetings on these topics: Cost of Service; Allocation of Costs to Class of Customer; and Design and Form of Rates. Prices, which act as indicators to the consumer, can be related to depletion of resources to give the consumer an opportunity to determine what he is willing to pay. The problem is to set a rate structure in which prices reflect costs. Pricing should be relative to electricity output and distribution, should reflect the coincident load demand, and be forward-looking to give the customer a choice. Topics discussed include allocations of the difference between total costs and total revenues, the principle of reallocation when a consumer does not respond to rate changes, and various designs for setting rates. (DCK)" @default.
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- W335622986 date "1975-01-01" @default.
- W335622986 modified "2023-09-26" @default.
- W335622986 title "Economic Principles and the Structure of Electric Rates: Cost of Service, Allocation of Costs, and Rate Design" @default.
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