Legal Opinion

Appeal of Public Service Co.

Supreme Court of New Hampshire

Decided August 5, 1988No. 87-334PublishedCited by 2 opinions

1Opinion of the CourtSouter, J.

In this appeal from a rate order of the public utilities commission, the utility assigns error in setting the rate of return on common equity capital, and in recognizing an addition to the accumulated deferred tax account by a greater amount with respect to the test year than the total deferred taxes projected annually for collection from ratepayers. We affirm.

On May 29, 1986, Public Service Company of New Hampshire began proceedings before the public utilities commission under RSA chapter 378, to obtain authorization for increasing rates charged to customers for electricity. Although the…

2Cases cited14 opinions

  1. Federal Power Commission v. Hope Natural Gas Co.Supreme Court of the United States · 1944
  2. Permian Basin Area Rate CasesSupreme Court of the United States · 1968
  3. Federal Power Commission v. Natural Gas Pipeline Co.Supreme Court of the United States · 1942
  4. Bluefield Water Works & Improvement Co. v. Public Service CommissionSupreme Court of the United States · 1923
  5. Market Street Railway Co. v. Railroad Commission of CaliforniaSupreme Court of the United States · 1945

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3Cited by2 opinions

  1. In Re Public Service Co. of New HampshireUnited States Bankruptcy Court, D. New Hampshire · 1990
  2. Public Service Co. of New Hampshire v. Richards (In Re Public Service Co. of New Hampshire)United States Bankruptcy Court, D. New Hampshire · 1992

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