BLANCHE, Justice.
Louisiana Power and Light Company (LP&L) filed an application with the Louisiana Public Service Commission (Commission) on November 12, 1976, seeking a rate increase totaling $53,986,820, alleging an increase was necessary due to the deterioration of its earnings, inflation, and the need for continued construction of its new generating plant. Hooker Chemicals & Plastics Corporation (Hooker) successfully intervened...
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