Pa. Utility Regulation Would Cap Collection For Lost Gas

Law360, Philadelphia (October 5, 2012, 5:24 PM EDT) -- The Pennsylvania Public Utility Commission aims to make Pennsylvania one of the first states in the nation to cap the amount of lost natural gas that utilities are allowed to recoup from ratepayers, according to a proposed regulation filed Thursday.

Currently, a utility is allowed to incorporate the cost of natural gas lost in its distribution system into the costs borne by ratepayers, but the new regulation — filed with the state’s Independent Regulatory Review Commission — would place caps on the level to prevent ratepayers...
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