Rates v. Electric

These consolidated appeals of right from an order of the State Corporation Commission (the Commission) present a narrow procedural question: Is the Commission required to apply its Rate Case Rules in an expedited rate case?

During the years 1980 through 1986, Virginia Electric and Power Company (Virginia Power), a utility which provides electric service in Virginia, was engaged in substantial construction activity. The Commission permitted Virginia Power to make an accounting adjustment in its applications for rate increases during this period because Virginia Power had invested large sums of…