Barasch v. Pennsylvania Public Utility Commission

OPINION OF THE COURT

LARSEN, Justice.

In this rate case appeal, UGI Corporation — Gas Utility Division (UGI) and the Public Utility Commission (Commission) seek review of an order of the Commonwealth Court which reversed the Commission’s approval of UGI’s calculation of federal and state income taxes for rate-making purposes. The Commission’s ruling permitted UGI to calculate its federal and state income taxes on the basis of a separate return even though UGI did not file a separate return but joined in a tax-saving consolidated return filed by its corporate parent. On appeal, the Commonwealth…