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10/25/2013 2:38:34 PM
Final Order Entered: (1) Columbia's request to extend its GCIM with no modifications through October 31, 2016 and to extend its OSS/CR RSM with no modifications through March 31, 2017 is denied. (2) Columbia's GCIM shall be extended through October 31, 2014 and its OSS/CR RSM shall be extended through March 31, 2015. (3) No later than September 30, 2014, Columbia shall file with the Commission its evaluation of other Kentucky LDCs' PBR mechanisms, as found reasonable and directed herein, along with any request to revise its incentive mechanisms or to continue them without modification. Either request shall be accompanied by detailed analyses of each component of the GCIM and OSS/CR RSM as proposed, including the reasonableness of the benchmarks, the reasonableness of the sharing between Columbia and customers, the reasonableness of the time period and gas cost components covered by the GCIM, and the risk Columbia assumes, and the cost involved in performing activities related to these incentives. (4) Columbia shall file its annual report regarding the GCIM and OSS/CR RSM on or before November 30, 2013. (5) Any documents filed pursuant to ordering paragraph 4 of this Order shall reference this case and shall be retained in the utility's general correspondence file.
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