56-244 - Increase to make up for losses due to excessive temporary reduction. - Virginia Statutes

§ 56-244. Increase to make up for losses due to excessive temporary reduction.

If upon a final disposition of the issues involved in a proceeding mentionedin § 56-242, the rates or charges as finally determined by the Commission, orthe court having jurisdiction of the subject matter, are in excess of therates and charges prescribed in any temporary order issued in suchproceeding, then such public utility shall be permitted, over such reasonabletime as the Commission shall fix, to amortize and recover, by means of atemporary increase over and above the rates and charges finally determined,such sum as shall represent the difference between the gross income obtainedfrom the rates and charges prescribed in such temporary reduction order, andthe gross income which would have obtained, during the period such temporaryreduction order was in effect, based upon the same volume, from the rates andcharges finally determined.

(1934, p. 366; Michie Code 1942, § 4071a.)