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IN RE PRINCETON WATER COMPANY

61 N.J. 141 (1972)

293 A.2d 377

IN THE MATTER OF THE REVISION OF RATES FILED BY PRINCETON WATER COMPANY INCREASING ITS RATES FOR WATER SERVICE.

The Supreme Court of New Jersey.

Decided July 14, 1972.

Attorney(s) appearing for the Case

Mr. John R. Sailer argued the cause for the appellant Princeton Water Company (Messrs. Sailer, Fleming & Raczkowski, attorneys).

Mr. William Gural, Deputy Attorney General, argued the cause for respondent Board of Public Utility Commissioners (Mr. George F. Kugler, Jr., Attorney General of New Jersey, attorney).

PER CURIAM.

The Princeton Water Company was granted a rate increase by the Board of Public Utility Commissioners but appealed to the Appellate Division, contending that the 7.39% overall rate of return which the Board had allowed was inadequate. The Appellate Division sustained the Board's action and since we agree essentially with the findings of the Board and the Division and with the principles expressed by them, we affirm.

The Princeton Water Company is...

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