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CON. EDISON v. P.S. COMM.

53 A.D.2d 131 (1976)

In the Matter of Consolidated Edison Company of New York, Inc., Petitioner, v. New York State Public Service Commission, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

July 8, 1976

Attorney(s) appearing for the Case

Walter A. Morris, Jr., (Joy Tannian and Richard Babinecz of counsel), and Kronish, Lieb, Shainswit, Weiner & Hellman (Bernard L. Sanoff of counsel), for petitioner.

Peter H. Schiff (Frank S. Robinson of counsel), for respondent.

GREENBLOTT, MAIN, HERLIHY and REYNOLDS, JJ., concur.

KOREMAN, P. J.

Petitioner seeks review of the determination made by the respondent granting it a rate increase for electric service to produce additional annual revenues of $338.7 million. It is contended that in arriving at its determination respondent failed to include a reasonable allowance for Federal income taxes.

The responsibility of the Public Service Commission is to establish rates that will...

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