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(Download) "State Missouri v. Public Service" by Western District Court of Appeals of Missouri ~ eBook PDF Kindle ePub Free

State Missouri v. Public Service

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eBook details

  • Title: State Missouri v. Public Service
  • Author : Western District Court of Appeals of Missouri
  • Release Date : January 03, 1993
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 63 KB

Description

The Public Counsel, pursuant to section 386.710, RSMo 1986, appeals the Report and Order of the Missouri Public Service Commission (Commission) which allows Missouri Public Service Company (MPS), a division of UtiliCorp United, Inc., a Delaware corporation, an accounting authority order authorizing MPS to defer and record depreciation expenses and carrying costs pertaining to two construction projects at the Sibley, Missouri, electricity generating station operated by MPS. MPS produces, transmits, distributes, and sells electricity to the public in areas authorized by the Commission. MPS owns and operates three generating units at Sibley known as the Sibley generating station. The ultimate issue presented is whether the Commission's Report and Order granting the accounting authority to MPS to defer and record depreciation expenses and carrying costs of the two projects to another year is legal and reasonable. 1 The Report and Order of the Public Service Commission is affirmed. Section 393.140, RSMo 1986, establishes the general powers of the Commission. Pursuant to granted authority, the Commission exercises general supervision of all electrical corporations furnishing or transmitting electricity in Missouri and all electrical plants owned, leased or operated by electrical corporations in Missouri. § 393.140(1).


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