Consolidated Edison Co. of New York, Inc. v. New York State Public Service Commission
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtKoreman, P. J.
Petitioner seeks review of the determination made by the respondent granting it a rate increase for electric service to produce additional annual revenues of $338.7 million. It is contended that in arriving at its determination respondent failed to include a reasonable allowance for Federal income taxes.
The responsibility of the Public Service Commission is to establish rates that will give a utility a reasonable opportunity to earn a fair return on its investment, during the future period following a rate determination (Public Service Law, § 72). In arriving at the amount of total revenues,…
2Cases cited10 opinions
- Federal Power Commission v. Natural Gas Pipeline Co.Supreme Court of the United States · 1942
- Galveston Electric Co. v. City of GalvestonSupreme Court of the United States · 1922
- Board of Public Utility Commissioners v. New York Telephone Co.Supreme Court of the United States · 1926
- People Ex Rel. Consolidated Water Co. v. MaltbieNew York Court of Appeals · 1937
- New York Telephone Co. v. Public Service CommissionNew York Court of Appeals · 1956
5 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Abrams v. Public Service CommissionNew York Court of Appeals · 1986
- New York Telephone Co. v. Public Service CommissionAppellate Division of the Supreme Court of the State of New York · 1978
- Office of Public Counsellor v. Indiana & Michigan Electric Co.Indiana Court of Appeals · 1981
- Tele/Resources, Inc. v. Public Service CommissionAppellate Division of the Supreme Court of the State of New York · 1977
- Spring Valley Water Co. v. Public Service CommissionAppellate Division of the Supreme Court of the State of New York · 1979
7 more not listed; retrieve them via the Exa API.