ratemaking

[reyt-mey-king]

noun

1. the process or practice of establishing rates of payment, especially for public transportation or utilities.

adjective

1. of or relating to ratemaking.

Word History and Origins

Origin of ratemaking¹

First recorded in 1820–30; rate ¹ ( def. ) + making ( def. )

Example Sentences

The law center is among a coalition of environmental groups, big businesses and ratemaking reform groups have been opposing the legislation.

Read more on Seattle Times

“As we look forward, and as these reforms take place and work their way through the ratemaking process, I absolutely believe it will drive their costs down,” said Republican state Sen. Jim Boyd, who sponsored the bill.

Read more on Seattle Times

Bill supporters said there are ratemaking guardrails inside the measure and several other current programs to help customers with efficient electricity use.

Read more on Seattle Times

“That is, exercising ratemaking authority to protect captive consumers against corporate abuse, while restoring the Legislature’s paramount authority to regulate the public health, safety and welfare as recently affirmed by the Arizona Supreme Court.”

Read more on Washington Times

The company had argued that the commission’s action interfered with the company’s internal management, but the Court of Appeals said the commission had broad ratemaking power under the Arizona Constitution.

Read more on Washington Times