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TeachMeFinance.com - explain Cost-based rates (electric) Cost-based rates (electric) The term 'Cost-based rates (electric)' as it applies to the area of energy can be defined as ' A ratemaking concept used for the design and development of rate schedules to ensure that the filed rate schedules recover only the cost of providing the service. FERC definition'. Previous 5 Terms: Cost Report Cost Sharing Cost, insurance, freight (CIF) costal Cost-Based Health Maintenance Organization Next 5 Terms: Cost-benefit analysis Cost-of-service regulation Costs (imports of natural gas) cothurnal coticular About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.