Commonwealth v. Laurel Pipe Line Co.

Opinion by

Judge Kramer,

This is an appeal filed by the Laurel Pipe Line Company (Laurel) from an adjudication of the Penn*353sylvania Public Utility Commission (PUC), dated August 22, 1975. The appeal is the result of the dismissal of the exceptions filed by Laurel to the Order Nisi of the PUC.

The PUC concluded that Laurel’s rates, for pipeline deliveries, existing prior to the time of this filing, were and are sufficient to provide a fair return on the fair value of Laurel’s property. Laurel raises several interesting questions on the procedure used by the PUC, and the methods of accounting used…