Washington Statutes

§ 80.04.360 — Earnings in excess of reasonable rate—Consideration in fixing rates.

Washington § 80.04.360
JurisdictionWashington
Title 80PUBLIC UTILITIES
Ch. 80.04REGULATIONS—GENERAL

This text of Washington § 80.04.360 (Earnings in excess of reasonable rate—Consideration in fixing rates.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 80.04.360 (2026).

Text

If any public service company earns in the period of five consecutive years immediately preceding the commission order fixing rates for such company a net utility operating income in excess of a reasonable rate of return upon the fair value of its property used and useful in the public service, the commission shall take official notice of such fact and of whether any such excess earnings shall have been invested in such company's plant or otherwise used for purposes beneficial to the consumers of such company and may consider such facts in fixing rates for such company.

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Legislative History

[1961 c 14 s 80.04.360. Prior:1959 c 285 s 2;1933 c 165 s 14; RRS s 10458-8.]

Nearby Sections

15
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Bluebook (online)
Washington § 80.04.360, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/80.04.360.