FINNEY, Justice:
This is an appeal from an order of the circuit court affirming respondent Public Service Commission's (PSC's) order adopting an alternative regulatory rate-setting formula for local telephone companies (LECs). Appellants raise two issues on appeal: whether the PSC has the power and authority to adopt this Earnings Sharing Plan (ESP); and whether the evidence before the PSC supports the ESP's adoption. Finding both a lack of authority and insufficient...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.