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RA_Fisher
9y ago
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Gotta keep that cost basis high to apply the ROR against! Build a big nuclear reactor paid for by the rate-payers pass go and collect 8-10% ROR!
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smallnamespace
9y ago
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There's actually little incentive to do this because increasing the cost basis usually costs more investor dollars.
RA_Fisher
OP
9y ago
Not if they get pre-approval in a rate case. Well and like the OP mentions it's often done by overlooking efficiency gains.
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