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O. F. GAS CO. v. P. U. C. O.

Nos. 37276, 37277 and 37473.

174 Ohio St. 585 (1963)

THE OHIO FUEL GAS CO., APPELLANT, v. PUBLIC UTILITIES COMMISSION OF OHIO, APPELLEE. (Three cases.)

Supreme Court of Ohio.

Decided May 31, 1963.

Attorney(s) appearing for the Case

Mr. W. F. Laird, for appellant.

Mr. William B. Saxbe, attorney general, Mr. Andrew R. Sarisky and Mr. Jay C. Flowers, for appellee.

Mr. Russell E. Rakestraw, city solicitor, and Messrs. George, Greek, King & McMahon, for city of Findlay.

O'NEILL, J.

In case No. 37276, the commission found the statutory rate base to be $2,637,514, the fair annual rate of return to be 5.75%, and the annual dollar return to be $151,657.

Instead of following, as an item of expense, the actual amount of federal income tax which the company would be required to pay upon its annual dollar return (City of Cincinnati v. Public Utilities Commission, 153 Ohio St. 56

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