...enough to cover all reasonable charges for operating expenses, including depreciation and interest on a fair value of the property used and useful in serving the public. In this case the earnings from the regular rentals for local service and for its share of toll service...

...should yield revenues that are high enough to cover operating expenses, including fair returns on a fair value of the property used and useful in serving the public. This is also in the main the position of most of i.he commissions, whether expressed or not. For no...

...increased costs. It is conclusively shown that the net revenue of the company at this time is not yielding a reasonable rate of return upon the fair value of the property employed by the company in its gas operations and we shall therefore, give our approval to the proposed...

...properties should be treated as one, and if the rates are just and proper, they should yield a fair return upon the fair value of the property, used and useful in performing the streetrailway, electric and heating services. We have combined these properties for...

...increased costs. It is conclusively shown that the net revenue of the company at this time is not yielding a reasonable rate of return upon the fair value of the property employed by the company in its gas operations and we shall therefore, give our approval to the proposed...

...the ordinary rate at which money can be secured. We believe that a return of 8 per cent per annum on the fair value of the property used and useful in serving the public as found by the Commission is reasonable at this time. Applicant asks for permission to set up a depreciation...

...rates are inadequate to pay operating expenses, provide for depreciation and pay a fair return on the value of the property used and useful in serving the public, and that the schedule of rates hereinafter ordered to be made effective will provide sufficient revenue...

...granted, and all franchises heretofore granted under which operation was being conducted on January 1, 1915, shall authorize and require operation of the...such utility operates, upon paying for the property so used, and useful, in serving the public, just compensation for the taking thereof and any damage...

...Commission by lowering the rates. Under the reproduction cost new, less depreciation, method, the present fair value of the property used and useful in serving the public is sought, and this gives no consideration to the actual cost of the property acquired when the competing...

...entitled to such reasonable rates as will afford them, with conservative business management, a fair return upon the fair value of the property used and useful in serving the public. We believe the rates we shall prescribe will earn such a return. They are maximum rates not to be exceeded...