The Ohio Public Utilities Commission (PUC) has approved a settlement agreement governing how National Gas & Oil Corp. will recover all pipeline transition cost charges from its customers. National, a natural gas local distribution company (LDC), will recover supply restructuring charges through both the sales tariff transition cost account (79 percent) and the transportation transition cost account (21 percent). It will recover gas cost charges from sales customers through its gas cost recovery mechanism. Re National Gas & Oil Corp. Case No. 94-1549-GA-UNC, Dec. 15, 1994 (Ohio P.U.C.).
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