Update: On June 20, 2013, the OMA filed its reply brief urging the PUCO to adopt Commission Staff’s recommendation of disallowing the majority of the requested MGP costs and to limit recovery, as required by Ohio law, to only those costs that are just and reasonable and for property that is currently used and useful.

The OMA further supported Commission Staff’s recommendation that any recoverable costs be offset by the proceeds of insurance or other funds reducing total remediation costs and urges the Commission to adopt Staff’s recommendation to amortize the costs through a mechanism other than inclusion in the base rates.  Next, the PUCO should issue a decision in the coming months.  We will continue to monitor this proceeding and provide updates accordingly.