The Value of Water Utilities: Replacement Cost Versus Market Value

IF 0.4 4区环境科学与生态学 Q4 ENGINEERING, CIVIL

Journal ‐ American Water Works Association Pub Date : 2025-10-12 DOI:10.1002/awwa.2518

John M. Mastracchio, Timothy E. Smeltzer

引用次数: 0

Abstract

The reproduction or replacement cost estimate of a new water utility less its physical depreciation (RCNLD) is used for a variety of purposes, including estimating the value of a utility and for municipal utility rate-setting.

Utilities are likely to include condition-based depreciation in an RCNLD estimate but not other forms of depreciation.

Fair market value isn't clearly represented if economic obsolescence isn't part of an RCNLD estimate.

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水设施的价值：重置成本与市场价值

新水厂的再生产或重置成本估计减去其实际折旧（RCNLD）用于各种目的，包括估计水厂的价值和市政水电费的确定。公用事业可能在RCNLD估计中包括基于条件的折旧，但不包括其他形式的折旧。如果经济过时不是RCNLD估计的一部分，那么公平市场价值就没有得到明确的体现。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal ‐ American Water Works Association Multiple-

CiteScore

1.00

自引率

28.60%

发文量

179

审稿时长

4-8 weeks

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