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Gonzales vs. Public Service Commission, et al.

RAMON A. GONZALES, petitioner, vs. PUBLIC SERVICE COMMISSION and PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, respondents.

G.R. No. L-34143 | 1974-12-10

R E S O L U T I O N

MAKASIAR, J:

This petition seeks to review the decision dated September 1, 1971 of the Public Service Commission in BC Case No. 70-3496 making permanent and effective immediately the provisional increase of rates authorized in its order dated August 14, 1970 on the ground that public interest would be served thereby, the revised rates are just and reasonable, and the rate of return on PLDT's invested capital will not exceed the rates authorized for public utilities, after the Commission determined.

"that as of December 3, 1969 the PLDT has an invested capital (rate base) entitled to return in the amount of...