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STATE, ETC. v. INTERVENOR RESIDENTS, ETC.

No. 90.

286 S.E.2d 770 (1982)

STATE of North Carolina, ex rel. UTILITIES COMMISSION and Carolina Water Service, Inc. of North Carolina, Applicant for Authority to Increase Rates for Water and Sewer Utility Service in Bent Creek/Mt. Carmel Subdivisions, Buncombe County, North Carolina, v. INTERVENOR RESIDENTS OF BENT CREEK/MT. CARMEL SUBDIVISIONS.

Supreme Court of North Carolina.

January 27, 1982.

Attorney(s) appearing for the Case

Hunton & Williams by Edward S. Finley, Jr., Raleigh, for Carolina Water Service, Inc. of North Carolina, plaintiff-appellant.

Robert F. Orr, Asheville, for Intervenor/Residents of Bent Creek/Mt. Carmel Subdivisions, defendant-appellees.

MEYER, Justice.

In its application filed with the Commission on 2 July 1979, the Company sought to increase its rates for water and sewer service for the Bent Creek and Mt. Carmel Acres subdivisions in Buncombe County. The Company proposed an annual increase in gross revenues of $34,370 based upon a test year ending 31 December 1978.

The Company's income statement for the year ended 31 December 1978, filed as a part of its application, indicated an actual...

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