S.C. Code § 58-9-570
Factors which Commission shall consider in determining rates
South Carolina · South Carolina Code Title 58, Chapter 9 — Telephone, Telegraph and Express Companies · Status: effective
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- Citation
- S.C. Code § 58-9-570, Factors which Commission shall consider in determining rates, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1592009
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Full text
In determining just, reasonable and sufficient rates the Commission shall give due consideration to the telephone utility's property devoted to the public service; the revenues received for the service; the reasonable operating expenses and other costs necessary to provide the service; the total earnings required for the proper discharge of the telephone utility's public duty; the capitalization of the telephone utility and the net income required on its net worth; and such other matters, circumstances and conditions as the Commission may find necessary. But the rates so fixed shall not be higher than necessary to give a fair return to the stockholders.