James E. Allison / Saint Louis (Mo.). Public Service Commis
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This document explores the complex question of whether public service properties should be depreciated to ascertain fair value in rate or regulation cases. Authored by the Saint Louis Public Service Commission and James E. Allison, it delves into the intricacies of valuation methodologies as applied to public utilities and related infrastructure. The central theme revolves around the tension between historical cost, depreciation, and the determination of a ’fair value’ for ratemaking purposes.Offering insights into regulatory practices and economic considerations, this work is a valuable resource for legal professionals, economists, and policymakers involved in the oversight and management of public service entities. The analysis presented provides a historical context for understanding the ongoing debates surrounding utility regulation and asset valuation.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
