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VIRGINIA-AMERICAN WATER CO. v. STATE CORP.

Record No. 790603.

260 S.E.2d 219 (1979)

VIRGINIA-AMERICAN WATER COMPANY v. STATE CORPORATION COMMISSION et al.

Supreme Court of Virginia.

November 21, 1979.

Attorney(s) appearing for the Case

John W. Riely, Richmond (Richard D. Gary, Hunton & Williams, Richmond, on briefs), for appellant.

Richard D. Rogers, Jr., Richmond (Lewis S. Minter, Edward L. Flippen, F. Denton C. Roberts, Richmond, on brief), for appellees.

No brief or argument for Bd. of County Supervisors of Prince William County.

Before I'ANSON, C. J., and CARRICO, HARRISON, COCHRAN, HARMAN, POFF and COMPTON, JJ.

HARRISON, Justice.

Virginia-American Water Company noted an appeal of right from a final order of the State Corporation Commission fixing 8.35% as a fair and reasonable rate of return to be earned by the company. It alleges that the Commission erred in using as the basis for its decision the consolidated capital structure and cost of money of the American Water Works Company, Inc., which owns the common stock of Virginia...

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