America's Electric Utilities: Past, Present, and Future (9th ed.) The changing nature of the

The changing nature of the business of America's public utilities has been accompanied by modifications to the economic and legal concepts underlying public utility regulation

PART II: The Company

costs began to rise and growth slackened

The Cost of Equity Capital and the Impact of PBR

Topics covered include:

America's Electric Utilities: Past, Present, and Future (9th ed.) The changing nature of theThe electric industry's most referenced title for more than thirty years! In this latest edition, renowned author and industry analyst, Leonard Hyman, explains how for eighty years, the electricity business advanced, propelled by technology and aided by politics. Costs dropped and prices fell, making customers happier and stockholders wealthier. Then, in the 1960s, costs began to rise and growth slackened. In the 1990s, policy makers restructured the