Apartment House Council of Metropolitan Washington, Inc. v. Potomac Electric Power Co.

On April 30, 1973, Potomac Electric Power Company (Pepeo) filed its application with the State Corporation Commission (Commission) for an increase in electric rates to produce additional annual gross revenues of $1,055,000. The Commission, after hearing evidence introduced by Pepeo, the Commission staff, and intervenors, including Apartment House Council of Metropolitan Washington, Inc. (AHC), entered an order on January 4, 1974, authorizing rate increases to produce additional annual gross revenues of $686,650 to give Pepeo an 8.5% rate of return on its jurisdictional rate base 1 computed at…