The Columbia Gas System, Inc., and its principal pipeline subsidiary, Columbia Gas Transmission Corp. (CGT) have filed separate reorganization plans with the U.S. Bankruptcy Court for the District...
to support continued automatic recovery of the pipeline charges. The CC added that allowing LDCs to retain part of the capacity-release revenues would more likely induce prudent and efficient release of capacity than the threat of regulatory action alone. It also changed existing regulations to allow LDCs to pass through prudent capacity overrun penalties paid to interstate pipelines to encourage efficient operational planning. Re Revenues from Release of Pipeline Capacity and Pipeline Overrun Costs, Dkt. No. 190,061-U, May 1, 1995 (Kan.C.C.).
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