Generally speaking, phase-in plans gradually introduce the costs of the plant into the rate base, with the unincluded portion of the plant accumulating both interest and the allowed return on equity until it enters the rate base.
Source: wiktionary
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Generally speaking, phase-in plans gradually introduce the costs of the plant into the rate base, with the unincluded portion of the plant accumulating both interest and the allowed return on equity until it enters the rate base.
Source: wiktionary