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TeachMeFinance.com - explain Rate base (electric) Rate base (electric) The term 'Rate base (electric)' as it applies to the area of energy can be defined as ' The value of property, upon which, a utility is permitted to earn a specified rate of return as established by a regulatory authority. FERC definition'. Previous 5 Terms: Rapidly Intensifying raptorial Raptors rate Rate base Next 5 Terms: Rate case Rate features rate of change Rate of return Rate of return on rate base 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.