Legal Opinion
State Ex Rel. Utilities Commission v. Morgan
Supreme Court of North Carolina
Decided March 10, 1971No. 91PublishedCited by 31 opinions
1Opinion of the Court
LAKE, Justice.
In our opinion heretofore filed in this matter, 277 N.C. 255, 177 S.E. 2d 405, we held that it was error for the Commission to include in the rate base of a public utility the value of plant under construction at the end of the test period and that it was also error for the Commission to add to the company’s operating revenue for the test period interest charged to construction during the test period, these being approximately offsetting errors in the process of fixing rates to be charged for service in the future.
The basic, underlying theory of using the company’s operating…
2Cases cited2 opinions
- Bluefield Water Works & Improvement Co. v. Public Service CommissionSupreme Court of the United States · 1923
- State Ex Rel. Utilities Commission v. MorganSupreme Court of North Carolina · 1970
3Cited by31 opinions
- State Ex Rel. Utilities Commission v. EdmistenSupreme Court of North Carolina · 1977
- State Ex Rel. Utilities Commission v. General Telephone Co. of the SoutheastSupreme Court of North Carolina · 1972
- Boston Edison Co. v. Department of Public UtilitiesMassachusetts Supreme Judicial Court · 1978
- State Ex Rel. Utilities Commission v. Duke Power Co.Supreme Court of North Carolina · 1982
- Dassault Falcon Jet Corp. v. Oberflex, Inc.District Court, M.D. North Carolina · 1995
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