In re Appeal of Investigation into Existing Rates of Shoreham Telephone Co.

¶ 1. Shoreham Telephone Company, Inc. appeals from a Public Service Board order requiring that it reduce its revenues from intrastate telephone service by over $1.2 million. Shoreham contends: (1) the Board violated state and federal law by employing a methodology that impermissibly uses interstate revenues to subsidize intrastate rates; (2) the order will produce intrastate rates that are *59confiscatory; (3) the Board’s disallowance of income-tax expense from Shoreham’s intrastate cost of service is unsupported by the evidence, unjust, and unreasonable; and (4) the order to establish a…