In re Application of Suburban Natural Gas Co. (Slip Opinion)

Citations

• 184 N.E.3d 44
• 166 Ohio St. 3d 176
• 2021 Ohio 3224

Syllabus

Public utilities—R.C. 4909.15(A)(1)—Gas pipeline—When fixing rates for service, Public Utilities Commission must determine the valuation of the property of the public utility that is used and useful in rendering the public-utility service as of the date certain—To be useful, the property must be beneficial in rendering service for the convenience of the public as of the date certain—Public Utilities Commission applies an incorrect formula when it considers whether the utility's investment is prudent