Pine Tree Telephone & Telegraph Co. v. Public Utilities Commission

COLLINS, Justice.

Pine Tree Telephone and Telegraph Company appeals from a Public Utilities Commission (the commission) decision requiring Pine Tree to reduce its revenues by $720,-910. Pine Tree challenges the commission’s decision to the extent that it: (1) allocates the burden of proof to Pine Tree; (2) uses a residual ratemaking methodology; (3) includes revenues and expenses from Pine Tree’s interstate billing and collections activities in Pine Tree’s total revenues and expenses; (4) adopts a hypothetical capital structure without first finding that Pine Tree’s rates were unreasonable;…