Business Services Industry
Analyst: Nevada Power Co. Rate Case Decisions 'Unfortunate'.
Knight Ridder/Tribune Business News, April, 2004
By John G. Edwards, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Apr. 13--An analyst and adviser to institutional investors called the Nevada Power Co. rate case decisions "unfortunate," but urged utility executives to take action to avoid penalizing shareholders.
The Public Utilities Commission last week cut Nevada Power's request for a general rate increase for nonenergy matters to $43 million from $142 million, Studness observed in a report dated April 6.
While he applauded the decision to award most of the $173 million energy rate increase sought by Nevada Power, Studness said investors will focus on the inadequate return on equity allowed in the general case.
The commission's "position is ill-conceived, as...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
