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GA. PUB. SERV. v. CAM. FOR PROS. GA.

Nos. A97A1142, A97A1143.

492 S.E.2d 916 (1997)

229 Ga. App. 28

GEORGIA PUBLIC SERVICE COMMISSION v. CAMPAIGN FOR A PROSPEROUS GEORGIA. GEORGIA POWER COMPANY v. CAMPAIGN FOR A PROSPEROUS GEORGIA.

Court of Appeals of Georgia.

October 27, 1997.

Attorney(s) appearing for the Case

Thurbert E. Baker, Attorney General, Brenda H. Cole, Alan Gantzhorn, Thomas K. Bond, Assistant Attorneys General, for appellant (case no. A97A1142).

Troutman Sanders, Kevin C. Greene, Joseph S. Asher, Norman L. Underwood, Atlanta, for appellant (case no. A97A1143).

Jacobs & Slawsky, Norman J. Slawsky, Atlanta, for appellee.

POPE, Presiding Judge.

In March 1995, the Public Service Commission ("PSC") had its staff investigate Georgia Power Company's earnings to determine whether the company was receiving in excess of the 12.25 percent return on equity set forth in a 1991 rate case. In its report, the staff found that Georgia Power was not earning in excess of its allowed return, but concluded that Georgia Power's rates produced annual revenues in excess of its current and future revenue...

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