Washington § 81.04.360 - Excessive earnings to reserve fund.

Full text of Washington Revised Code of Washington § 81.04.360 — Excessive earnings to reserve fund., with citation guidance and answers to common questions.

§ 81.04.360. Excessive earnings to reserve fund.

If any public service company subject to regulation by the commission as to rates and service earns in the period of five consecutive years immediately preceding the commission order fixing rates for such company a net utility operating income in excess of a reasonable rate of return upon the fair value of its property used and useful in the public service, the commission shall take official notice of such fact and of whether any such excess earnings were invested in such company's plant or otherwise used for purposes beneficial to the consumers of such company and may consider such facts in fixing rates for such company.
[ 2007 c 234 s 17; 1961 c 14 s 81.04.360. Prior: 1959 c 285 s 3; 1933 c 165 s 14; RRS s 10458-8.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 81.04.360

What does Revised Code of Washington § 81.04.360 cover?

Section 81.04.360 ("Excessive earnings to reserve fund.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 81.04.360?

A common citation format is "Revised Code of Washington § 81.04.360" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 81.04.360 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

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