Working Regulatory and
Legislative Strategies
Every Day
Lindsay Thomas, SVP, Governmental Relations
Bryan Batson, VP, Regulatory Compliance and
Affairs
November 11-12, 2004
Tennessee
$4.3 million rate increase requested
$2.5 million rate decrease proposed by advocate
TRA ordered $1.3 million rate increase
ROE 10.2%
ROR 7.43%
35% equity
Final order issued October 25, 2004
Filed for reconsideration on November 4, 2004
Virginia
Approved two year extension of WNA
Removed general service customer class
Weather update data 30-year rolling, not fixed
Staff conducting audit of Annual Information
Filing (AIF)
Staff will audit Sequent’s asset management
plan prior to renewal
Georgia
Rate case filed October 15, 2004
Requested extension of current PBR plan
$24.6 million rate increase sought
ROE of 11.2%
ROR of 8.95%
Exclusive of SNG purchase
Capacity supply plan reconsideration approved
November 2, 2004
New Jersey
BPU approved stipulation of all parties
Three-year rate freeze
PBR in years 4 and 5
Sequent asset manager for 3 years
Additional severance benefits provided
Service standards addressed within 6 months
Other Territories
Florida
Acquisition approval not required
Purchase Gas Agreement (PGA) settled
Maryland
Received approval October 27, 2004
PGA settlement
Virginia
Received approval October 29, 2004