(a) The Commission shall make, fix, establish or allow just and reasonable rates for all public utilities subject to its jurisdiction. A rate is made, fixed, established or allowed when it becomes effective pursuant to the provisions of this Chapter.
(b) Repealed by Session Laws 1985, c. 676, s. 15.
(c) Repealed by Session Laws 2021-23, s. 14, effective May 17, 2021.
(d) The Commission shall from time to time as often as circumstances may require, change and revise or cause to be changed or revised any rates fixed by the Commission, or allowed to be charged by any public utility.
(e) In all cases where the Commission requires or orders a public utility to refund moneys to its customers which were advanced by or overcollected from its customers, the Commission shall require or order the utility to add to said refund an amount of interest at such rate as the Commission may determine to be just and reasonable; provided, however, that such rate of interest applicable to said refund shall not exceed ten percent (10%) per annum. (1899, c. 164, ss. 2, 7, 14; 1903, c. 683; Rev., ss. 1096, 1099, 1106; 1907, c. 469, s. 4; Ex. Sess. 1908, c. 144, s. 1; 1913, c. 127, s. 2; 1917, c. 194; C.S., ss. 1066, 1071, 3489; Ex. Sess. 1920, c. 51, s. 1; 1925, c. 37; 1929, cc. 82, 91; 1933, c. 134, s. 8; 1941, c. 97; 1953, c. 170; 1963, c. 1165, s. 1; 1981, c. 461, s. 1; 1985, c. 676, s. 15(1); 2021-23, s. 14.)
Notes of Decisions
State Ex Rel. Utils. Comm'n v. Edmisten, 230 S.E.2d 651 (N.C. 1976).
· cites it 8× “We believe the Act contains provisions broad enough to authorize the Commission to permit such a device under the circumstances of this case.”
State Ex Rel. Utils. Comm'n v. Gen. Tel. Co. of the Se., 189 S.E.2d 705 (N.C. 1972).
· cites it 3× “), Book V, Chapter 1, pp. 143-144. To prevent such result, the Legislature has conferred upon the Utilities Commission the power to police the operations of the utility company so as to require it to render service of good quality at charges which are reasonable.”
State Ex Rel. Utils. Comm'n v. Edmisten, 230 S.E.2d 647 (N.C. 1976).
· cites it 2× “A rate is defined as “every compensation, charge, fare, tariff, schedule, toll, rental and classification, or any of them, demanded, observed, charged or collected by any public utility, for any service, product or commodity offered by it to the public, and any rules,…”
State Ex Rel. Utils. Comm'n v. Edmisten, 230 S.E.2d 671 (N.C. 1976).
· cites it 2× “” G.S. 62-130 (d). The Commission is not limited by the utility’s application in the entry of its final order based on evidence adduced at the hearings.”
State ex rel. Utils. Comm'n v. Edmisten, 242 S.E.2d 862 (N.C. 1978).
“G.S. 62-130 authorizes the Commission “to make, fix, establish or allow just and reasonable rates for all public utilities subject to its jurisdiction.”
— N.C. Gen. Stat. § 62-130(a) — 10 cases
State Ex Rel. Utils. Comm'n v. Edmisten, 230 S.E.2d 671 (N.C. 1976).
“” G.S. 62-130 (d). The Commission is not limited by the utility’s application in the entry of its final order based on evidence adduced at the hearings.”
— N.C. Gen. Stat. § 62-130(d) — 4 cases
State Ex Rel. Utils. Comm'n v. Edmisten, 230 S.E.2d 651 (N.C. 1976).
“We believe the Act contains provisions broad enough to authorize the Commission to permit such a device under the circumstances of this case.”
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