โ Scribed by Batla, Raymond J.
No coin nor oath required. For personal study only.
On January 1 1,1989, in a nearly unanimous decision, the U.S. Supreme Court ruled that no single utility ratesetting methodology is mandated by the Constitution, so long as the state's methodology does not result in unjust or unreasonable rates. Thus, the Court affirmed a decision by the Pennsylvania Supreme Court holding that states have the right toprevent utilities from recovering capital investments that are found prudent and reasonable when made, but that are not ultimately placed in utility service (Duquesne Light Company v. Barasch). '
๐ SIMILAR VOLUMES
## I won't spend any spuce on the notion that by signing a sixty -day firm, open-uccess, transportation agreement, the pipeline should be automatically binding ifselffor life.