Legal Definition and Related Resources of Rate Base

In relation to public utility companies the term denotes its total investment, less appreciation, in property that is used and useful to the public in providing utility service during a given period . See Boston Edison Co. v Department of Public Utilities Mass., 375 N.E.2d 305. It consists of that utility property employed in providing the public with a service for which the Rates are charged and constitutes the investment on which the return is to be earned. L.S. Ayres & Co. v Indianna Bliss power and Light Co., (Ind.App.) 351 N.E.2d814.

Browse or run a search for Rate Base in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Rate Base in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Rate Base in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Rate Base in the Legal Abbreviations and Acronyms Dictionary.

You might be also interested in these legal terms:

Mentioned in these terms

Rate Of Return.