Mercersburg, Lemasters & Markes Electric Co. v. Public Service Commission

Citations

• 76 Pa. Super. 58
• 1921 Pa. Super. LEXIS 85

Syllabus

<p>Public Service Company Law — Public Service Commission — Electric light companies — Valuation—Original cost.</p> <p>Tbe item of original cost is but one of tbe factors to be considered. in tbe determination of the value of an electric light company for rate-making purposes.</p> <p>Where a valuation, as fixed by the Public Service Commission would seem to be based largely, if not entirely, upon original cost, and the result is confiscatory, the findings of the Public Service Commission are unreasonable and not in conformity with law and will be reversed.</p>