Depreciation of Public Utility Properties And Its Relation to Fair Value And Cha
Depreciation of Public Utility Properties And Its Relation to Fair Value And Cha
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To quickly assess the difficulty of the text, read a short excerpt:
U. R. 1921 A, 824, decided Dec. 22, 1920, holds that one of the most important considerations in determining fair value for purposes of rate making is the elimination of *'the speculation, hazards, and destructive re- verses to which non-utility property constantly is subjected. ' ' The commission holds that : "The most certain and effective method to do this is to adopt a principle which will insure a lasting stability to utility values. The surest and most equitable method of insuring stabili...ty of values is to consider prudent investment as the primary factor of value.
"Facing as this country does, a period of economic uncertainty, there is now a dire need for the stabilization of utility values. Values and service go hand in hand, and, if values are unstable or impaired, service may likewise be unstable and impaired.
"The investment principle insures the utility against the evil effects of recurrent fits of economic fortune, which under any other theory of valuation must in varying degree be suffered by public service companies.
What to read after Depreciation of Public Utility Properties And Its Relation to Fair Value And Cha?
You can find similar books in the "Read Also" column, or choose other free books by Henry Earle Riggs to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
U. R. 1921 A, 824, decided Dec. 22, 1920, holds that one of the most important considerations in determining fair value for purposes of rate making is the elimination of *'the speculation, hazards, and destructive re- verses to which non-utility property constantly is subjected. ' ' The commission holds that : "The most certain and effective method to do this is to adopt a principle which will insure a lasting stability to utility values. The surest and most equitable method of insuring stabili...ty of values is to consider prudent investment as the primary factor of value.
"Facing as this country does, a period of economic uncertainty, there is now a dire need for the stabilization of utility values. Values and service go hand in hand, and, if values are unstable or impaired, service may likewise be unstable and impaired.
"The investment principle insures the utility against the evil effects of recurrent fits of economic fortune, which under any other theory of valuation must in varying degree be suffered by public service companies.
What to read after Depreciation of Public Utility Properties And Its Relation to Fair Value And Cha?
You can find similar books in the "Read Also" column, or choose other free books by Henry Earle Riggs to read onlineMoreLess
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