Abstract
A public utilities commission may assess the consolidated capital structure of a utility's parent company to determine a fair and reasonable rate of return, if the capital structure of the parent company more reasonably reflects the subsidiary utility's actual cost of capital for rate‐making purposes, according to the Ohio Supreme Court.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
