(DOWNLOAD) "Central Kansas Power Co. v. State Corporation Comm." by Supreme Court of Kansas # eBook PDF Kindle ePub Free
eBook details
- Title: Central Kansas Power Co. v. State Corporation Comm.
- Author : Supreme Court of Kansas
- Release Date : January 05, 1977
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 79 KB
Description
The opinion of the court was delivered by The Corporation Commission of the State of Kansas (KCC) appeals from an order of the District Court of Graham County, Kansas. The district court set aside an order of the KCC which denied in part a rate increase request filed by Central Kansas Power Company (CKP). The district court held that the method of allocation used by KCC in determining the value of the utility's property for rate-making purposes was unreasonable and that the method suggested in the application for rate increase by CKP should be approved and adopted by KCC. At the outset it is noted that a rate of return of 8.75% was authorized by the KCC, and CKP does not question the reasonableness of this rate of return. In the appeal to the district court CKP questioned the adjusted rate base ($15,571,086) determined by KCC, which base was used in place of the rate base suggested by CKP ($17,521,078). The rate base as adjusted by KCC permitted CKP to increase its revenues by $460,978 in place of $640,432 as requested in the application of CKP.