...to prudent investment" (Comm. Br., p. 15). As the Supreme Court said in the Hope case: •-, " * * * it is the result reached not the method employed which is controlling. * * * If the total effect of the rate order cannot be said to be unjust and unreasonable, judicial...

...case the Court again held that the Commission was not bound by any single formula and stated that — It is not theory but the impact of the rate order...cannot be said to be unjust and unreasonable, judicial • Federal Power Commission v. Natural Gas Pipeline Co. of America (315 US 575). • Federal Power...

...question is whether that order "viewed in its entirety" meets the requirements of the Act. Id., p. 586. Under the statutory standard of "just and reasonable"...reached not the method employed which is controlling. Cf. Los Angeles Gas & Electric Corp. v. Railroad Commission, 289 US 287, 304-305, 314; West Ohio Gas...

...otherwise. The opinion in the Hope case laid down fundamental principles of decision in this language : "Under the statutory standard of 'just and reasonable'...the result reached not the method employed which is con581 JACKSON, J., concurring. trolling. ... It is not theory but the impact of the rate order which...

...otherwise. The opinion in the Hope case laid down fundamental principles of decision in this language : "Under the statutory standard of 'just and reasonable'...the result reached not the method employed which is con681 JACKSON, J., concurring. trolling. ... It is not theory but the impact of the rate order which...

...by way of dictum ' ' cannot be said to be unjust or unreasonable," in the language of the Hope case. "It is not theory but the impact of the rate order which counts. ' ' Hope, 320 US at p. 602. Here the ТУь percent maximum rate of return, which the Board said it...

...opinion in the Natural Gas Pipeline Co. case by holding that "it is not the theory but the iini>act of the rate order which counts. If the total effect of the rate order cannot l>e said to be unjust and unreasonable, judicial inquiry under the act is at an end. The fact that...

...tolerant when agencies have employed methodologies that admittedly contain infirmities, stating that "it is the result reached not the method employed which is controlling" and "[i]t is not theory but the impact of the rate order which counts" and "[t]he fact that the method...

...under the Act, that (1) "it is the result reached not the method employed which is controlling"; (2) it is "not theory but the impact of the rate order which counts"; (3) "If the total effect of the rate order cannot be said to be unjust and unreasonable, judicial inquiry...

...determining whether a rate had been properly found to be "just and reasonable" under the Act, that (1) "it is the result reached not the method employed which is controlling" ; (2) it is "not theory but the impact of the rate order which counts"; (3) "If the total effect of...