Parker v. South Carolina Public Service Commission

Harwell, Justice:

Duke Power Company (Duke) filed a general adversary rate proceeding on August 1,1979. The power rates were put into effect by Duke, under bond, beginning October 1, 1979. The South Carolina Public Service Commission (Commission) issued an order on August 29, 1980 approving, among other things, Duke’s request for an increase in the depreciation rate applicable to nuclear facilities from 3.57% to 4%.

There were four successive general adversary rate proceedings filed by Duke subsequent to the 1979 case at bar. In each of these proceedings, which was opposed by the appellant as…