City of Cambridge v. Department of Telecommunications & Energy

Under G. L. c. 164, § 34A, a municipality receiving street lighting service from an electric company may acquire *869all or part of the company’s lighting equipment. The city of Cambridge (city) elected, under the statute, to purchase the municipal lighting equipment of the Cambridge Electric Light Company, doing business as NSTAR Electric (company). We now consider the appropriate method to use in calculating the city’s purchase price, more particularly, the company’s unamortized investment of the municipal lighting equipment. The Department of Telecommunications and Energy (department), which…