Reseña de Matter Robert Abrams v. Public Service Commission State New York Et Al.

Matter Robert Abrams v. Public Service Commission State New York Et Al. de Court of Appeals of New York Resumen del Libro

[67 N.Y.2d 205 Page 208] Opinion OF THE COURT Consolidated Edison (Con Ed) formally abandoned its unfinished Cornwall Pump Storage Facility on May 8, 1981. It had invested $41 million. On March 9, 1983 the Public Service Commission (PSC) approved an increase in electric rates for Con Ed amounting to $267 million per year. In permitting the rate increase, the PSC determined that Con Ed should be allowed full recovery for its investment by, (1) writing off the [67 N.Y.2d 205 Page 209]

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