Annual Report of the Public Service Commission, Volume 1The Commission, 1927 Some reports 1948-1957 issued in 2 separate versions: one (with blue cover) as Regulation of public utilities in New York State contaning only the Annual report and appendices; the other published as a Legislative document includes Reports of the decisions of the Public Service Commission, vols. 28-37 |
Other editions - View all
Common terms and phrases
allowance amount application appraisal avenue average balance Bonds book cost bus line cars cent charged city of Buffalo Company through ownership company's construction Controlled Court December 31 deductions depreciation reserve determination Electric Company Electric Corporation electric department Electric Light Elmira engineers entire capital stock equipment estimated Exhibit figures filed fixed capital franchise Gas and Electric Gas Company Gloversville going value grade crossings Harlem included income increase installed July Katonah Light and Power Lighting Company Municipal Natural Gas Niagara Niagara Falls operating expenses original cost overheads pany passengers petition petitioner physical property Plattsburg Power Corporation Prendergast present day value Public Service Commission Railroad Company rate base reproduction cost road Service Commission Law SERVICE COMMISSION OPINION steam Stone & Webster street tion Total Town Traction Company transfer Utica valuation village Westchester Whittemore York Central Railroad York city YORK PUBLIC SERVICE York Telephone Company
Popular passages
Page 162 - That there is an element of value in an assembled and established plant, doing business and earning money, over one not thus advanced, is self-evident. This element of value is a property right, and should be considered in determining the value of the property, upon which the owner has a right to make a fair return when the same is privately owned although dedicated to public use.
Page 274 - ... that nothing in this section shall deprive any holder of such receipt or bill of lading of any remedy or right of action which he has under existing law.
Page 208 - There is no particular rate of compensation which must in all cases and in all parts of the country be regarded as sufficient for capital invested in business enterprises. Such compensation must depend greatly upon circumstances and locality; among other things, the amount of risk in the business is a most important factor, as well as the locality where the business is conducted and the rate expected and usually realized there upon investments of a somewhat similar nature with regard to the risk...
Page 200 - It was obligatory upon the complainant to show that no part of the money raised to pay for depreciation was added to capital, upon which a return was to be made to stockholders in the way of dividends for the future. It cannot be left to conjecture, but the burden rests with the complainant to show it. It certainly was not proper for the complainant to take the money, or any portion of it, which it received as a result of the rates under which it was operating, and so to use it, or any part of it,...
Page 196 - The ascertainment of that value is not controlled by artificial rules. It is not a matter of formulas, but there must be a reasonable judgment having its basis in a proper consideration of all relevant facts.
Page 205 - Included in going value as usually reckoned is the investment necessary to organizing and establishing the business which is not embraced in the value of its actual physical property. In this case, what may be called the inception cost of the enterprise entering into the establishing of a going concern had long since been incurred.
Page 433 - BUSCHINI under chapter 667, laws of 1915, for a certificate of public convenience and necessity for the operation of a stage route by...
Page 255 - Obsolescence or inadequacy resulting from age, physical change, or supersession by reason of new Inventions and discoveries, changes In popular demand, or public requirements, and (c) Losses suffered through destruction of property by extraordinary casualties.
Page 244 - Reproduction value, however, is not a matter of outlay, but of estimate, and should include a reasonable allowance for organization and other overhead charges that necessarily would be incurred in reproducing the utility. In estimating what reasonably would be required for such purposes, proof of actual expenditures originally made, while it would be helpful, is not indispensable.