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CWIP in FERC Electric Rate Base

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy Conservation and Power
Publisher :
Page : 206 pages
File Size : 42,19 MB
Release : 1982
Category : Electric power-plants
ISBN :

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CWIP in FERC Electric Rate Base

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy Conservation and Power
Publisher :
Page : 0 pages
File Size : 47,8 MB
Release : 1982
Category : Electric power-plants
ISBN :

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CWIP in FERC Electric Rate Base

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy Conservation and Power
Publisher :
Page : 204 pages
File Size : 35,53 MB
Release : 1982
Category : Electric power-plants
ISBN :

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Construction Work in Progress Issue Needs Improved Regulatory Response for Utilities and Consumers

Author : United States. General Accounting Office
Publisher :
Page : 78 pages
File Size : 38,45 MB
Release : 1980
Category : Electric utilities
ISBN :

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Federal and state policies on allowing privately owned electric utilities to include construction work in progress (CWIP) in their rate bases were reviewed. GAO was specifically asked to address the following: total CWIP nationwide and the amount allowed in the rate base; estimated effect on utility bills of CWIP in the rate base during the past 3 and next 5 years; conditions under which the Federal Energy Regulatory Commission (FERC) allows CWIP in the rate base; number of utilities seeking permission at the federal and state levels to put CWIP in the rate base; and whether allowing CWIP in the rate base shifts the burden of paying for new construction from investors to customers. As of late 1979, 33 state public utility commissions and FERC were allowing privately owned electric companies to include CWIP in the rate base for establishing utility rates. Critics contend that the inclusion of CWIP in the rate base unfairly makes current customers pay higher utility bills and provides investors a return on capital invested in projects that provide no service to current customers. If CWIP is not allowed in the rate base, utility companies are usually permitted to add the costs of capital invested in CWIP to the direct construction expenditures that go into the rate base after completion of construction. As part of the larger issue, the determination by regulators that electric utility companies need rate relief, CWIP must be viewed in the context of the effects that other alternatives for providing rate relief would have on utility bills. Most decisions by regulators affecting rates are made at the state level. Intrastate sales of electricity to consumers constitute about 84 percent of the sales by privately owned electric utility companies. The remainder of their sales, made to other utilities for resale, are regulated by FERC. In April 1980, FERC restricted CWIP in the rate base to capital invested in pollution control and fuel conversion projects. FERC regulations defining financial hardship are too vague and general. The Department of Energy (DOE) has neither analyzed the CWIP issue, nor adopted a departmental policy on the issue.

CWIP Policy Act of 1983

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy Conservation and Power
Publisher :
Page : 416 pages
File Size : 35,97 MB
Release : 1983
Category : Electric Utilities
ISBN :

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Federal Energy Guidelines

Author : United States. Federal Energy Regulatory Commission
Publisher :
Page : 1808 pages
File Size : 18,41 MB
Release : 1986
Category : Energy conservation
ISBN :

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Construction Work in Progress Policy Act

Author : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation
Publisher :
Page : 1920 pages
File Size : 34,73 MB
Release : 1984
Category : Electric power-plants
ISBN :

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FERC as a Least-cost Electric Regulator

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy Conservation and Power
Publisher :
Page : 436 pages
File Size : 41,54 MB
Release : 1982
Category : Electric power
ISBN :

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