Wednesday, June 19, 2013
FERC Approves Settlement
In Long-Running TEPPCO Case
The Federal Energy Regulatory Commission (FERC) has approved a settlement favorable to the propane industry in a long-running TEPPCO rate case. The National Propane Gas Association (NPGA) notes the May 31 judgment caps more than a year of effort to ensure just and reasonable rates on the pipeline, and that through the agreement the industry will enjoy rate certainty for shippers for the two-year duration of the agreement.
In Long-Running TEPPCO Case
The Federal Energy Regulatory Commission (FERC) has approved a settlement favorable to the propane industry in a long-running TEPPCO rate case. The National Propane Gas Association (NPGA) notes the May 31 judgment caps more than a year of effort to ensure just and reasonable rates on the pipeline, and that through the agreement the industry will enjoy rate certainty for shippers for the two-year duration of the agreement.