The economic efficiency of publicly owned hydro-electric utilities with specific reference to Manitoba Hydro
Partridge, Richard Stephen
The purpose of this thesis is to discuss methods of evaluating the overall economic performance of publicly owned hydro-electric utilities. The basic assumption of this study is that there will be a number of key criteria to which a number of variables such as costs of construction, installation costs of capital, interest rates, customer density of service area, customers' growth, increased use per customer, number of employees, payroll costs, productivity of capital and labour, load and utilization factors, etc. might be fitted, which determine both the annual and long run operating results of a public utility such as Manitoba Hydro and determine its rate structure and growth from year to year...