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Michigan economist defends Ohio utility rate method
A University of Michigan economist testified before a Ohio House utilities subcommittee defending the Reconstruction Cost New formula as the modern method for rate setting amid pressure to switch to an original cost plan. She argued RCN preserves expansion and services while inflation drives prices.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
University of Michigan
House Utilities
Patricia J. Shantz
Michigan
RCN
Shantz
Ohio Bell
Public Utilities Commission of Ohio