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STATE v. ATTORNEY GENERAL COOPER

No. 234A13.

758 S.E.2d 635 (2014)

STATE of North Carolina ex rel. UTILITIES COMMISSION; Virginia Electric and Power Company d/b/a Dominion North Carolina Power, Applicant; and Public Staff-North Carolina Utilities Commission, Intervenor v. ATTORNEY GENERAL Roy COOPER and Nucor Steel-Hertford, Intervenors.

Supreme Court of North Carolina.

June 12, 2014.

Attorney(s) appearing for the Case

McGuireWoods, LLP, Raleigh, by James Y. Kerr, II , for applicant-appellee Virginia Electric and Power Company d/b/a Dominion North Carolina Power.

Antoinette R. Wike , Chief Counsel, and William E. Grantmyre and Dianna W. Downey , Staff Attorneys, for intervenor-appellee Public Staff — North Carolina Utilities Commission.

Kevin Anderson , Senior Deputy Attorney General; Phil Woods , Special Deputy Attorney General; Margaret A. Force , Assistant Attorney General; and William V. Conley , Special Deputy Attorney General, for intervenor-appellant Roy Cooper, Attorney General.

Nelson, Mullins, Riley & Scarborough, LLP, Raleigh, by Joseph W. Eason and Phillip A. Harris, Jr. ; and Brickfield, Burchette, Ritts & Stone, P.C., by Damon E. Xenopoulos , pro hac vice, for intervenor-appellant Nucor Steel-Hertford.

JACKSON, Justice.

In this case we consider whether the North Carolina Utilities Commission ("the Commission") erred by approving certain adjustments made by Dominion North Carolina Power ("Dominion") to a study of the costs of providing retail electric service to a large industrial customer. In addition, we consider whether the order of the Commission, which authorized a 10.2% return on equity ("ROE") for Dominion, contained sufficient findings of fact to demonstrate...

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