FINREG : a financialregulatory model for utility capacity expansion plan evaluation

A corporate financial/regulatory model, called FINREG, is presented to simulate a utility's accounting practices, financial policy and constraints, and ratemaking environment. For each year of simulation FINREG will yield as output electricity rates, pro-forma accounting statements, selected ac...

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Bibliographic Details
Main Author: Klosowicz, Peter C.
Published: [Cambridge, Mass.] : Massachusetts Institute of Technology, Energy Laboratory, 1981 2011
Subjects:
Online Access:http://hdl.handle.net/1721.1/60464
Description
Summary:A corporate financial/regulatory model, called FINREG, is presented to simulate a utility's accounting practices, financial policy and constraints, and ratemaking environment. For each year of simulation FINREG will yield as output electricity rates, pro-forma accounting statements, selected accounting ratios, and the accumulated present value of dividends less common stock offerings. The model is used to perform a financial evaluation of two feasible expansion options for Boston Edison Company.