Ohio Supreme Court June 21, 1972, No. 71-712 (General Telephone Co. v. Public Utilities Commission)

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United States · · · 21-06-1972

Stkrn, J.

Appellant contends that the commission erred in computing the rate of return to which it is entitled, in that (1) the commission determined the dollar amount of return prior to determining the rate of return, *273and (2) that, such determination was based on the actual capitalization of the utility rather than the statutory rate base.

This court, in Cleveland v. Pub. Util. Comm.

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