Legal Opinion

In re Continental Telephone Co. of Vt., Inc.

Supreme Court of Vermont

Decided June 3, 1988No. 86-082PublishedCited by 6 opinions

1Opinion of the CourtBarney, C.J.

(Ret.), Specially Assigned. The Department of Public Service challenges the order of the Public Service Board in this case allowing Continental Telephone Company a rate increase. The Department faults the Board’s order for lack of evi*77dentiary support, insufficient foundation in the findings and inadequate exposition of its methodology. We affirm.

The issue on appeal is limited to the derivation of the rate of return on the Company’s investment (equity) as determined by the Board. The Board concluded that the appropriate rate should be 14%, the same rate testified to as reasonable by the expert…

2Cases cited3 opinions

  1. Krupp v. KruppSupreme Court of Vermont · 1967
  2. In Re Village of Hardwick Electric DepartmentSupreme Court of Vermont · 1983
  3. Milne v. Capital City Gas Co.Supreme Court of Vermont · 1971

3Cited by6 opinions

  1. Petition of Twenty-Four Vermont UtilitiesSupreme Court of Vermont · 1992
  2. In Re Tariff Filing of Central Vermont Public Service Corp.Supreme Court of Vermont · 1998
  3. In re New Haven GLC Solar, LLCSupreme Court of Vermont · 2017
  4. In re Investigation into Petiton of Vermont Gas Systems, Inc. (AARP, Appellant)Supreme Court of Vermont · 2018
  5. In Re Rutland Regional Medical Center Fiscal Year 2025Supreme Court of Vermont · 2025

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