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PETITION OF VERMONT ELEC. CO-OP., INC.

No. 452-81.

451 A.2d 1110 (1982)

In re Petition of VERMONT ELECTRIC COOPERATIVE, INC. Requesting an Increase in Rates.

Supreme Court of Vermont.

September 7, 1982.

Attorney(s) appearing for the Case

William B. Piper and Marc B. Heath of Downs Rachlin & Martin, St. Johnsbury, for petitioner-appellant.

Gerald R. Tarrant, Michael L. Burak and Peter H. Zamore, Montpelier, for respondent-appellee.

Before BARNEY, C.J., BILLINGS, HILL and UNDERWOOD, JJ., and DALEY, J. (Ret.), Specially Assigned.

UNDERWOOD, Justice.

The Vermont Electric Cooperative (VEC) appeals the size of a recoupment award granted it by the Public Service Board (Board). This proceeding was initiated when VEC petitioned for Board approval of a 12.6 per cent increase in rates, which would have produced an additional $665,821 in operating revenues for the test year ending April 30, 1980. This proposed rate increase was to become effective on July 1, 1980.

The Board, acting pursuant...

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