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PSC need not provide for return on capitalization
Publication year - 1982
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1982.tb05006.x
Subject(s) - capitalization , commission , service (business) , capital (architecture) , business , property (philosophy) , finance , actuarial science , marketing , geography , philosophy , linguistics , archaeology , epistemology
Although capital improvements expended by a utility for property required to provide service must be considered in setting just and reasonable rates, a public service commission was not required to provide a return on the capitalization of a utility, according to a New York appellate court.