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The regulator's proposal is to update the existing "RPI-X" formula used to control energy prices for the past 20 years, with a new calculation (Revenue Incentives Innovation and Outputs, or "RIIO") from 2013.
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But this is hardly a new calculation.
The new calculation also conforms more closely to census estimates.
The new calculation means future contributions can be lower.
The Magic Number is a relatively straightforward calculation: (Revenue change x 4 /Last Quarter's Sales and Marketing Spend.
Charlie Rose: We thought — a new calculation might step forward, but it didn't —.
The new calculation of Mars' cratering rate dwarfs earlier estimates.
New calculations might get hopes up again.
A PU calculates the new revenue as follows: (31).
Translation: No new tax revenue.
Exports add to GDP directly, so calculations on that side of trade are pretty simple: $10 billion more in exports to Mexico should produce $1.7 billion in new tax revenue.
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CEO of Professional Science Editing for Scientists @ prosciediting.com