Rate Case
/ˈreɪt keɪs/
Definitions
- (n.) A regulatory proceeding in which a public utility seeks approval to change the rates charged to customers.
The utility filed a rate case to justify a proposed increase in electricity prices.
- (n.) Any legal action or proceeding concerning the determination or adjustment of rates or tariffs.
The rate case addressed disputes over telephone service charges.
Forms
- rate case
- rate cases
Related terms
See also
Commentary
Typically involves detailed financial and operational review of the utility to ensure rates are just and reasonable.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.