rate base
Americannoun
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a guaranteed minimum amount or number used to compute advertising rates, as the number of subscribers to a publication.
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a basic amount or number used to compute charges to a customer, as the number of monthly phone calls.
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the valuation of property upon which tax rates are based.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The “rate base,” or the company’s assets on which it is allowed to earn a regulated rate of return—mostly comprised of plants—will increase.
From Barron's
That should add a mild boost to Dominion’s total $65 billion rate base this year to $71 billion next year, according to FactSet, with the Virginia rate base driving the increase.
From Barron's
“But the truth is they don’t even come close to our rate base.”
From Salon
The total rate base growth for utilities will be much lower than that because a chunk of their rate bases are still in the slower-growing residential businesses.
From Barron's
For National Fuel, the addition of the Ohio business is expected to add significant regulated scale, doubling the company’s gas utility rate base while expanding into the neighboring state of Ohio.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.