Definition of Cost-of-service regulation

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TeachMeFinance.com - explain Cost-of-service regulation



Cost-of-service regulation

The term 'Cost-of-service regulation' as it applies to the area of energy can be defined as ' A traditional electric utility regulation under which a utility is allowed to set rates based on the cost of providing service to customers and the right to earn a limited profit'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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