Douthitt v. Stinson

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that the traditional ratemaking process “appropriately balances the competing interests of ratepayers who desire the lowest possible rates and investors who desire rates that are higher”
• utility properly receives a “reasonable rate of return [on] used and useful property, provided that cost may not include anything imprudently wasteful”
• object of process is to strike a fair balance between customer and investor interests

Source: CourtListener parenthetical corpus (CC0).