Me. Rev. Stat. » Title 35
Maine Revised Statutes

Me. Rev. Stat. tit. 35, § 52 (2026)

Valuation of property for fixing rates

✓ current as of May 2026
Find cases: SyfertCases citing this section ME-LEGlegislature.maine.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar
(REPEALED)
SECTION HISTORY
PL 1987, c. 141, §A5 (RP).
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Notes of Decisions
Cited in 9 cases, 1966–1984 · leading case: Cent. Maine Power Co. v. Pub. Utils. Comm'n, 455 A.2d 34 (Me. 1983).
Sort: Relevance Newest Treatment
Cent. Maine Power Co. v. Pub. Utils. Comm'n, 455 A.2d 34 (Me. 1983). · cites it 8× “In fixing such reasonable value, the commission shall give due consideration to evidence of the cost of the property when first devoted to public use, prudent acquisition cost to the utility, less depreciation on each, and any other factors or evidence material and relevant…”
New England Tel. & Tel. Co. v. Pub. Utils. Comm'n, 448 A.2d 272 (Me. 1982). · cites it 3× “” 35 M.R.S.A. § 52 (1978); Camden & Rockland Water Co.”
Mechanic Falls Water Co. v. Pub. Utils. Comm'n, 381 A.2d 1080 (Me. 1977). · cites it 2× “Under 35 M.R.S.A. § 52, the fair rate of return is a return on property used in intra-state operations.”
Cent. Maine Power Co. v. Pub. Utils. Comm'n, 433 A.2d 331 (Me. 1981). · cites it 3× “Neither of these properties is presently used and, according to the PUC, neither is “required to be used” within the meaning of 35 M.R.S.A. § 52. In Re Central Maine Power Company, 26 PUR 4th 388 (Me.”
New England Tel. & Tel. Co. v. Pub. Utils. Comm'n, 390 A.2d 8 (Me. 1978). “It is determined by combining the capital structure of the utility with the proper cost of capital. Id. at 1095. Rate of return is expressed as a percentage figure and denotes the annual return to be allowed on the value of the utility’s property devoted to public use.”
Camden & Rockland Water Co. v. Maine Pub. Utils. Comm'n, 432 A.2d 1284 (Me. 1981). · cites it 2× “Title 35 M.R.S.A. § 52 limits the allowed rate base to “all property .”
Kittery Elec. Light Co. v. Assessors of Kittery, 219 A.2d 728 (Me. 1966). “400, § 2, now 35 M.R.S.A. § 52, current value must be excluded in determining reasonable value for rate making.”
Maine Water Co. v. Pub. Utils. Comm'n, 482 A.2d 443 (Me. 1984). “The Commission also was justified in finding that despite the use of those additions only during the summertime, they were nonetheless property of the “public utility used or required to be used in its service to the public.”
In re Stratton Water Co. Proposed Increase in Rates, 383 A.2d 1373 (Me. 1978). “” 35 M.R.S.A. § 52. The Commission failed to comply with these statutes when it determined that $10,000.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.