Abstract :
Management and owners of electricity supply authorities are regularly confronted by decisions for the allocation of limited capital and operating funds between dissimilar project types. The author presents a method for the prioritization of a wide range of dissimilar electricity industry spending proposals, some of which target improvements to the total supply system, while others target improvements to only a small geographic area. The method is based on an evaluation of the various components of the benefit of each project, compared with the project cost