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" A public utility is entitled to such rates as will permit it to earn a return on the value of the property which it employs for the convenience of the public equal to that generally being made at the same time and in the same general part of the country... "
United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ... - Page 319
by United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1933
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Antitrust Aspects of Electricity Deregulation: Hearing Before the Committee ...

United States. Congress. House. Committee on the Judiciary - 1997 - 184 pages
...the property which it employs for the convenience of the public equal to that generally being made at the same time and in the same general part of the...attended by corresponding risks and uncertainties"). Under the foregoing principles, proposals that would breach the regulatory compact by imposing a regime...
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Antitrust Aspects of Electricity Deregulation: Hearing Before the Committee ...

United States. Congress. House. Committee on the Judiciary - 1997 - 172 pages
...the property which it employs for the convenience of the public equal to that generally being made at the same time and in the same general part of the...attended by corresponding risks and uncertainties"). Under the foregoing principles, proposals that would breach the regulatory compact by imposing a regime...
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Competition Policy in America: History, Rhetoric, Law

Rudolph J. R. Peritz - 2001 - 425 pages
...Water Works & Improvement Co. v. Public Serv. Comm'n, 262 US 679, 692-93 (1923) (finding that there is no constitutional right to profits such as are realized...or anticipated in highly profitable enterprises); Missouri ex rel Southwestern Bell Tel. Co. v. Public Serv. Comm'n, 262 US 276, 291 (1923) (Brandeis...
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