PETITION OF INTERSTATE POWER CO.

Nos. C7-87-1816, C9-87-1817.

419 N.W.2d 803 (1988)

In the Matter of the Petition of INTERSTATE POWER COMPANY for Authority to Increase its Rates for Electric Service in Minnesota (Effect of Tax Reform Act of 1986 on Annual Revenue Requirements). and In the Matter of the Filing of INTERSTATE POWER COMPANY, GAS OPERATIONS, Pursuant to Minn.Rules, Parts 7827.0100 to 7827.0600, Relating to Rate Adjustments Due to the Tax Reform Act of 1986.

Court of Appeals of Minnesota.

February 23, 1988.


Attorney(s) appearing for the Case

Clement F. Springer, Jr., William D. Carstedt, Leslie Recht, Defrees & Fiske, Chicago, Ill., and Ralph H. Peterson, Peterson, Chesterman, Erickson, Anderson & Hareid, Albert Lea, for Interstate Power Co.

Hubert H. Humphrey, III, Atty. Gen., Gregory D. Dittrich, Karl W. Sonneman, Dennis Ahlers, Asst. Attys. Gen., St. Paul, for Minnesota Public Utilities Com'n and Residential Utilities Div. of the Office of Atty. Gen.

Hubert H. Humphrey, III, Atty. Gen., and Ann M. Seha, Asst. Atty. Gen., St. Paul, for Minnesota Dept. of Public Service.

Heard, considered and decided by FORSBERG, P.J., and NORTON and KALITOWSKI, JJ.


OPINION

KALITOWSKI, Judge.

In separate appeals to this court, Interstate Power Co. requested review of two Minnesota Public Utilities Commission orders which denied the inclusion of an accelerated tax as an expense item for ratemaking purposes. We consolidated the two appeals, and affirm.

FACTS

Historically, utility companies had been allowed to defer recognition of approximately one-half month of income. Meters are read continuously throughout...

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