RCW 80.04.360
Earnings in excess of reasonable rate—Consideration in fixing rates.
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.
[ 1961 c 14 § 80.04.360. Prior: 1959 c 285 § 2; 1933 c 165 § 14; RRS § 10458-8.]
Structure Revised Code of Washington
Chapter 80.04 - Regulations—General.
80.04.015 - Conduct of business subject to regulation—Determination by commission.
80.04.020 - Procedure before commission and courts.
80.04.030 - Number of witnesses may be limited.
80.04.040 - Witness fees and mileage.
80.04.050 - Protection against self-incrimination.
80.04.060 - Depositions—Service of process.
80.04.070 - Inspection of books, papers, and documents.
80.04.075 - Manner of serving papers.
80.04.090 - Forms of records to be prescribed.
80.04.095 - Protection of records containing commercial information.
80.04.100 - Production of out-of-state books and records.
80.04.120 - Hearing—Order—Record.
80.04.140 - Order requiring joint action.
80.04.150 - Remunerative rates cannot be changed without approval.
80.04.160 - Rules and regulations.
80.04.180 - Supersedeas—Water companies seeking supersedeas.
80.04.200 - Rehearing before commission.
80.04.210 - Commission may change orders.
80.04.230 - Overcharges—Refund.
80.04.240 - Action in court on reparations and overcharges.
80.04.250 - Valuation of public service property—Authority of commission.
80.04.260 - Summary proceedings.
80.04.270 - Merchandise accounts to be kept separate.
80.04.280 - Purchase and sale of stock by employees.
80.04.290 - Sales of stock to employees and customers.
80.04.300 - Budgets to be filed by companies—Supplementary budgets.
80.04.310 - Commission's control over expenditures.
80.04.330 - Effect of unauthorized expenditure—Emergencies.
80.04.350 - Depreciation and retirement accounts.
80.04.360 - Earnings in excess of reasonable rate—Consideration in fixing rates.
80.04.380 - Penalties—Violations by public service companies.
80.04.385 - Penalties—Violations by officers, agents, and employees of public service companies.
80.04.387 - Penalties—Violations by other corporations.
80.04.390 - Penalties—Violations by persons.
80.04.400 - Actions to recover penalties—Disposition of fines, penalties, and forfeitures.
80.04.410 - Orders and rules conclusive.
80.04.420 - Intervention by commission where order or rule is involved.
80.04.430 - Findings of commission prima facie correct.
80.04.440 - Companies liable for damages.
80.04.450 - Certified copies of orders, rules, etc.—Evidentiary effect.
80.04.460 - Investigation of accidents.
80.04.470 - Commission to enforce public service laws—Employees as peace officers.
80.04.480 - Rights of action not released—Penalties cumulative.
80.04.500 - Application to municipal utilities.
80.04.510 - Duties of attorney general.
80.04.520 - Approval of lease of utility facilities.
80.04.550 - Thermal energy—Restrictions on authority of commission.
80.04.570 - Power purchase agreement for acquisition of coal transition power.