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MASSACHUSETTS ELECTRIC CO. v. DEPT. OF PUB. UTILITIES

376 Mass. 294 (1978)

381 N.E.2d 325

MASSACHUSETTS ELECTRIC COMPANY vs. DEPARTMENT OF PUBLIC UTILITIES.

Supreme Judicial Court of Massachusetts, Suffolk.

September 7, 1978.

Attorney(s) appearing for the Case

Samuel Huntington (Thomas G. Robinson with him) for the Massachusetts Electric Company.

S. Stephen Rosenfeld, Assistant Attorney General, for the Department of Public Utilities.

Present: HENNESSEY, C.J., QUIRICO, KAPLAN, WILKINS, & ABRAMS, JJ.

ABRAMS, J.

Massachusetts Electric Company (Mass. Electric) appeals under G.L.c. 25, § 5, from the November 30, 1976, decision, order, and rulings of the Department of Public Utilities (Department) in a rate proceeding, D.P.U. 18599. The Department approved rates designed to produce additional revenue of $15,372,000, but decided to maintain the 12% cost of equity which it had set for Mass. Electric in its previous rate proceeding, D.P.U. 18204, which was decided...

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