Register Today for Courses in Cost of Service and Rate Design for Natural Gas Interstate Pipeline Companies (January 26th-27th)
Brown, Williams, Moorhead & Quinn, Inc.

The cost of debt, as used in a business’ cost of service, represents the weighted-average cost of debt for the filing company. As opposed to the cost of equity, where direct returns cannot be observed for the subject company, the cost of debt is a known tangible figure based on the business’ financing. For this reason, the approach looks at the actual cost of debt for the business, as opposed to looking at market indicators. Brown Williams assists clients with projects ranging from the determination of the appropriate cost of debt based on a business’ outstanding debt, to building a proxy cost of debt based on a representative group of proxy companies.