1. The Joint Petitioners agreed that the Commission should approve the renewals and changes in gas supply, pipeline and storage capacity contracts that are explained in Peoples Statement No. 2 and related exhibits included in the 2014 Definitive Filing. G. Merger of the Peoples Division and Peoples-Equitable PGC Rates 1. Peoples Division has advised the parties that it expects to propose to merge the PGC rates of its Peoples and Equitable Divisions in its 2015 PGC filings. Peoples Division and Peoples-Equitable will file separate PGC filings for the Divisions and proposals for merger of PGC rates. The parties reserve the right to comment on and oppose any merger of rates proposal. The Joint Petitioners agree and request that the 2015 PGC filings of the Peoples and Equitable Divisions should be consolidated for hearing and decision. H. Least Cost Fuel Procurement Policy Reconciliation Period – 1. Each of the seven specific findings set forth in Sections 1318(a) and (b) of the Public Utility Code, 66 Pa.C.S. §§ 1318(a) and (b), applies to Peoples Division for the month period of February 1, 2013 through January 31, 2014 and, as a result, the natural gas costs that Peoples Division incurred over the 12-month period of February 1, 2013 through January 31, 2014 were incurred under a procurement policy, consistent with [Peoples “least cost fuel to provide safe, adequate and reliable service to its Division’s] obligation customers.” Settlement Petition ¶ 38. Least Cost Fuel Procurement Policy Projected Period – 1. Each of the seven specific findings set forth in Sections 1318(a) and (b) of the Public Utility Code, 66 Pa.C.S. §§ 1318(a) and (b), appear to apply to Peoples Division for the 20-month period of February 1, 2014 through September 30, 2015 and, as a result, the natural gas costs that Peoples will incur over the 20-month period of February 1, 2014 through September 30, 2015 appear that they will be incurred under a “least cost fuel procurement policy,
1. The Joint Petitioners agreed that the Commission should approve the renewals and changes in gas supply, pipeline and storage capacity contracts that are explained in Peoples Statement No. 2 and related exhibits included in the 2014 Definitive Filing. G. Merger of the Peoples Division and Peoples-Equitable PGC Rates 1. Peoples Division has advised the parties that it expects to propose to merge the PGC rates of its Peoples and Equitable Divisions in its 2015 PGC filings. Peoples Division and Peoples-Equitable will file separate PGC filings for the Divisions and proposals for merger of PGC rates. The parties reserve the right to comment on and oppose any merger of rates proposal. The Joint Petitioners agree and request that the 2015 PGC filings of the Peoples and Equitable Divisions should be consolidated for hearing and decision. H. Least Cost Fuel Procurement Policy – Reconciliation Period 1. Each of the seven specific findings set forth in Sections 1318(a) and (b) of the Public Utility Code, 66 Pa.C.S. §§ 1318(a) and (b), applies to Peoples Division for the period of February 1, 2013 through January 31, 2014 and, as a result, the natural gas costs that Peoples Division incurred over the 12-month period of February 1, 2013 through January 31, 2014 were incurred under a “least cost fuel procurement policy, consistent with [Peoples Division’s] obligation to provide safe, adequate and reliable service to its customers.” Settlement Petition ¶ 38. Least Cost Fuel Procurement Policy – Projected Period 1. Each of the seven specific findings set forth in Sections 1318(a) and (b) of the Public Utility Code, 66 Pa.C.S. §§ 1318(a) and (b), appear to apply to Peoples Division for the 20-month period of February 1, 2014 through September 30, 2015 and, as a result, the natural gas costs that Peoples will incur over the 20-month period of February 1, 2014 through September 30, 2015 appear that they will be incurred under a “least cost fuel procurement policy, month