Definition of Revenue requirement

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TeachMeFinance.com - explain Revenue requirement



Revenue requirement

The term 'Revenue requirement' as it applies to the area of energy can be defined as ' The total revenue that the utility is authorized an opportunity to recover, which includes operating expenses and a reasonable return on rate base'.

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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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