Word: methodically
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Dates: during 1970-1979
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Those little black boxes at Mrs. Breen's, the Coles' and in 98 other homes in the Burlington area are part of an experimental energy-conservation method called "ripple control" that is being tested by Vermont's Green Mountain Power Corp. with a grant from the Federal Energy Administration...
...have only recently forced utilities to earnestly consider what utility company engineers call load management-controlling the amount of electric power delivered to the customer-as a way of reducing the need for repeated expansion of generating capacities. In Michigan, for example, the Detroit Edison Co. is testing a method of shutting off water heaters by radio control. One of the early difficulties with some systems using this approach-now ironed out-was interference: electric garage-door openers were shutting off people's heaters. Another method under study by G.M.P. is thermal storage, which involves storing water heated...
Aside from ripple control, so far the most feasible system for managing electrical load may be one developed by a firm based in Cambridge, Mass., called American Science & Engineering Inc. Its method, a bidirectional power-line carrier, is currently undergoing testing in homes in New Jersey and Wisconsin. The system costs $175 per installation, v. $79 for the ripple controller. But it allows for two-way communication between a utility and a household with two apparent advantages over ripple control: meter information can be conveyed directly through the system, thus obviating the need for an extra meter and someone...
...background of the argument is that accountants have long been able to follow widely varying methods of calculating a company's profit or loss. As a hypothetical case, depending on which of two methods of figuring the value of goods held in inventory was followed, an oil company in 1974 might have claimed a profit of $6 or a loss of $1 on each barrel of petroleum sold from stockpiles. Companies and their auditors have been known to switch from one method to another, which would enable a company to report the greatest immediate profit. In an effort...
...federal court to invalidate the SEC regulations. Andersen's essential point: the Government should leave accountants to police themselves. By backing the F.A.S.B. rules, Andersen contended, the SEC is imposing a heavy bureaucratic burden on accountants. Andersen fears the agency might penalize auditors who switch from one accounting method to another in the belief that they are best representing the financial conditions of the companies whose books they keep. Says Senior Partner George Catlett: "You let the Government in a little bit and they end up running everything...