Cost of Capital as Adopted in D.03-09-021
Test Years 2002, 2003, Attrition Years 2004, 2005 | |||
Capital Structure |
Cost |
Weighted Cost | |
Debt |
48.0 % |
8.09% |
3.88% |
Preferred Stock |
.5% |
4.19% |
.02% |
Common Equity |
51.5 |
9.7% |
5.0% |
Total |
100.00 % |
8.9% | |
