Gary-Hobart Water Corp. v. Indiana Utility Regulatory Commission
Indiana Court of Appeals
1Opinion of the Court
BAKER, Judge.
Petitioner-appellant Gary-Hobart Water Corporation (Gary-Hobart) filed a petition with the Indiana Utility Regulatory Commission (the Commission) requesting approval of a new rate schedule. The Commission issued its final order on April 3, 1991. Gary-Hobart appeals the Order, and the Office of Utility Consumer Counselor (the Public) has responded as appellee. Gary-Hobart raises three issues for our review, which we restate as:
I. Whether the Commission erred when it concluded 5.85% is a fair rate of return on the fair value of Gary-Hobart's utility property.
II. Whether the…
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