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SCC Order Under Utility Reg Act Upheld (access required)

In reviewing the State Corporation Commission’s 2011 biennial review of appellant power company’s performance during the 2009-2010 period, the Supreme Court of Virginia says the SCC did not err in determining that the utility’s authorized “fair rate of return on common equity” of 10.9 percent would apply to the entire 2011-2012 period in the next ...

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