The way that utility regulators define profits is completely unrelated to how utilities set prices.

Name: The way that utility regulators define profits is completely unrelated to how utilities set prices.
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Question

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Utility regulators often define profits in terms of a reasonable rate of return on the utility's investments, which directly influences how utilities set their prices to ensure they cover costs and achieve this regulated rate of return.

The Way That Utility Regulators Define Profits Is Completely Unrelated