Commonwealth v. Virginia Electric and Power Co.

In November 1969, Virginia Electric and Power Company filed an application with the State Corporation Commission for permission to increase its electric rates so as to produce $25,000,000 additional gross revenue. After hearing the evidence presented by the Company, the staff of the Commission and the intervenors, the Commission by order entered June 10, 1970 authorized rate increases to produce about $22,482,000 additional gross revenue and directed the Company to file revised schedules of rates consistent with that order. These appeals ensued.

Under the generally accepted method of…