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HOPEWELL COGEN. LTD. PARTNERSHIP v. STATE CORP. COM'N

Record Nos. 940885-940888, 940901 and 940902.

453 S.E.2d 277 (1995)

HOPEWELL COGENERATION LIMITED PARTNERSHIP v. STATE CORPORATION COMMISSION. ENRON-RICHMOND POWER CORP. v. STATE CORPORATION COMMISSION. COGENTRIX VIRGINIA LEASING CORP. v. STATE CORPORATION COMMISSION. APPOMATTOX COGENERATION LIMITED PARTNERSHIP v. STATE CORPORATION COMMISSION. CHESAPEAKE PAPER PRODUCTS COMPANY v. STATE CORPORATION COMMISSION. VIRGINIA ELECTRIC AND POWER COMPANY v. STATE CORPORATION COMMISSION.

Supreme Court of Virginia.

January 13, 1995.

Attorney(s) appearing for the Case

Stephen H. Watts, II (Mark J. LaFratta; Timothy R. Dunne; McGuire, Woods, Battle & Boothe, on briefs), for appellant in Nos. 940885-940888.

Anthony Gambardella (Stewart E. Farrar; Deborah V. Ellenberg; Judith Williams Jagdmann, on brief), for appellee in Nos. 940885-940888, 940901 and 940902.

Edward L. Flippen (George A. Somerville; Mays & Valentine, on briefs) for appellant in No. 940901.

Richard D. Gary (Patrick T. Horne; Pamela Johnson; Hunton & Williams, on briefs), for appellant in No. 940902.

Present: CARRICO, C.J., COMPTON, STEPHENSON, WHITING, LACY and KEENAN, JJ., and POFF, Senior Justice.

LACY, Justice.

In this utility rate case appeal, we consider whether the State Corporation Commission properly eliminated certain expenses associated with the purchase of electric power from the rate base of Virginia Electric and Power Company (Virginia Power), thereby disallowing recovery of those expenses through the rates charged the utility's electric customers.

On May 29, 1992, Virginia Power filed an application...

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