The selection of a balanced capital structure plays a significant role in the ability of an electric utility to raise financial capital on reasonable terms. A framework is presented that demonstrates the importance of selecting an appropriate capital structure based on risk considerations for...

Information on customer response to time-of-use (TOU) rates plays a major part in utility resource planning, particularly in the design of cost-based rate structures and cost-effective load management programs. Several elasticity concepts have been used by economists to analyze customer response...