...convincing showing that it is invalid because it is unjust and unreasonable in its consequences. * * * * * * Rates which enable the company to operate successfully,...as invalid, even though they might produce only a meageV return on the so-called fair value rate base. * * * The Court also held that depreciation may...

...Commission are not "just and reasonable" under the Act. P. 604. 5. Rates which enable a natural gas company to operate successfully, to maintain its financial...to compensate its investors for the risks assumed can not be condemned as unjust and unreasonable under the Natural Gas Act, even though •Together...

...financial integrity of the enterprise, so as to maintain its credit and to attract capital" and to "enable the company to operate successfully, to maintain...to compensate its investors for the risks assumed." Those considerations, advanced in that case (which was reviewed pursuant to statute rather than under...

...financial integrity of the enterprise, so as to maintain its credit and to attract capital" and to "enable the company to operate successfully, to maintain...to compensate its investors for the risks assumed." Those considerations, advanced in that case (which was reviewed pursuant to statute rather than under...

...percentage is that determined by the Commission to be necessary to "furnish safe and adequate service, to operate successfully, to maintain its financial...integrity, to attract capital and to compensate its security holders for the risks assumed." The Commission is to establish this percentage in the plan...

...return. As the Supreme Court has stated in the Hope Natural Gas case,24 the rate established "* * * must enable the company to operate successfully, to maintain...to compensate its investors for the risks assumed * * *." 25 However, there is considerable question as to whether these tests as applied to the current...

...that the "end result" is the ultimate test of whether rates are Just and reasonable, the Court said: "Rates which enable the company to operate successfully,...meager return on the so-called 'fair value' rate base." 14 Citing federal Power Commitiion \. Natural Oal Co. (1942) 31.1 US 575, stating that there are zones...

...that the "end result" Is the ultimate test of whether rates are just and reasonable, the Court said: "Rates which enable the company to operate successfully, to maintain its financial Integrity, tn attract capita], and to compensate its investors for the risks assumed certainly cannot be condemned...

...maintain its credit and to attract capital". Elsewhere the Court elaborated where it declared that "Rates which enable the company to operate successfully,...return on the so-called 'fair value' rate base''. See Ffderrtl I'oim- Готт'/яяюп v. Hope Natural Go* Co., (niprn. 320 US at p. «03 and (Ш....

...Commission, qualified as it is by the need for a rate of return which enables the regulated utility "to operate successfully, to maintain its financial...to compensate its investors for the risks assumed. . . ." Power Commission v. Hope Gas Co., 320 US 591. 605. 610, 612, 64 S.Ct. 281, 289. 88 L.Ed. 333...