Financial statements of a of an electric or other regulated energy utility company. These statements include the income statement, balance sheet and long-term debt footnote. The statements can be obtained from a 10-K form found on https://www.sec.gov.
Calculate the revenue requirement (cost of service) and rate base of the utility from the information. Show your calculations.
Write a response of no more than 700 words that answers the following questions:
- Given these calculations, what source of financing would you choose?
- What types of credit would work best for you?