New England Telephone & Telegraph Co. v. Public Utilities Commission
New England Telephone & Telegraph Co. v. Public Utilities Commission
Opinion of the Court
In pursuance to that part of our previously-filed decision in this matter
After consideration of the arguments, we have decided that, inasmuch as this court has found that purchases from Western Electric should not necessarily have been excluded from the company’s plant cost and operating expenses, the commission shall forthwith suspend so much of its order of June 27, 1975, as is necessary to incorporate within the presently-effective tariff an amount sufficient to cover the company’s purchases from Western Electric. For the purposes of this suspension only, such amount shall be based upon the record that was the basis of the commission’s original order of June 27, 1975. The com
In all other respects, namely, the erosion adjustment, the cost of equity, and the working capital allowance, the request for a suspension is denied. With regard to these three factors, the company has failed to establish, as is prescribed by §39-5-4, that justice and equity require a suspension or, if justice and equity do so require, it has failed to establish the extent to which these factors would be reflected in the ultimate tariff.
New England Tel. & Tel. Co. v. Public Util. Comm’n, 116 R. I. 356, 358 A.2d 1 (1976).
Reference
- Full Case Name
- New England Telephone and Telegraph Company v. Public Utilities Commission
- Status
- Published