Question: Some public service commissions let utilities include construction in progress-construction dollars spent for projects not yet completed in their rate-making asset bases. Other states allow

Some public service commissions let utilities include construction in progress-construction dollars

Some public service commissions let utilities include construction in progress-construction dollars spent for projects not yet completed in their rate-making asset bases. Other states allow only completed projects to be included. Required: Which approach favors shareholders? Why? Some public service commissions let utilities include construction in progress-construction dollars spent for projects not yet completed in their rate-making asset bases. Other states allow only completed projects to be included. Required: Which approach favors shareholders? Why

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