Legal Opinion
Commonwealth v. Potomac Edison Co.
Supreme Court of Virginia
Decided March 6, 1987No. Record No. 860706PublishedCited by 5 opinions
1Opinion of the CourtThomas, J.
The central issue in this appeal of right from the State Corporation Commission is whether the Commission erred in setting an authorized rate of return on common equity of 15.5% for the Potomac Edison Company (Potomac Edison). We find no error in the Commission’s decision; therefore, we will affirm its order.
On May 31, 1985, Potomac Edison filed an application for a general increase in rates. In that application, Potomac Edison stated that in the preceding general rate case (the 1981 Rate Case) it had been authorized to earn a rate of return on common equity of 15.5%, and an overall rate of…
2Cases cited7 opinions
- City of Norfolk v. Chesapeake & Potomac Telephone Co.Supreme Court of Virginia · 1951
- Board of Supervisors v. Virginia Electric & Power Co.Supreme Court of Virginia · 1955
- Commonwealth v. Virginia Electric and Power Co.Supreme Court of Virginia · 1971
- Central Telephone Co. v. State Corp. CommissionSupreme Court of Virginia · 1979
- Appalachian Power Co. v. CommonwealthSupreme Court of Virginia · 1976
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3Cited by5 opinions
- Hopewell Cogeneration Ltd. Partnership v. State Corp. CommissionSupreme Court of Virginia · 1995
- Old Dominion Comm. for Fair Util. Rates v. State Corp.Supreme Court of Virginia · 2017
- Potomac Edison Co. v. STATE CORP. COM'NSupreme Court of Virginia · 2008
- Old Dominion Comm. for Fair Util. Rates v. State Corp.Supreme Court of Virginia · 2017
- Old Dominion Comm. for Fair Util. Rates v. State Corp.Supreme Court of Virginia · 2017