The Pennsylvania Public Utility Commission (PUC) voted 4-1 to approve a rate of return on common equity (ROE) under 10% for Columbia Water Co.

This decision makes Aaron Rothschild the first Pennsylvania Office of Consumer Advocate rate of return consultant to provide testimony leading to a Return on Equity (ROE) below 10%.

The ROE is based on a determination of the utility company’s cost of equity based on expert filed testimony.

Please see the following link for the January 9, 2014 press release regarding the Pennsylvania Public Utility Commission’s Final Order regarding Columbia Water Co.’s 2013 rate case:

http://www.puc.pa.gov/about_puc/press_releases.aspx?ShowPR=3289

 

 

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