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MATTER OF ST. LAWRENCE GAS CO. INC. v. PUB. SERV. COMM'N OF THE STATE OF NEW YORK

54 A.D.2d 815 (1976)

In the Matter of St. Lawrence Gas Company Inc., Appellant, v. Public Service Commission of the State of New York, Respondent

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

October 28, 1976

Having commenced service in St. Lawrence County in 1962, petitioner filed with respondent in July of 1974 tariff leaves designed to increase its annual revenues by approximately $1.6 million. Following respondent's suspension of the tariff leaves and filings, hearings were conducted at which petitioner argued its entitlement to a $3.1 million increase in its rate base allowance for "going value", i.e., development costs for its business. According to petitioner, these costs...

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