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PNY > SEC Filings for PNY > Form 8-K on 19-Dec-2013All Recent SEC Filings

Show all filings for PIEDMONT NATURAL GAS CO INC



Other Events

Item 8.01 Other Events.

On December 18, 2013 the Tennessee Regulatory Authority approved in its entirety a settlement with the Tennessee Attorney General's Consumer Advocate Division of the petition filed in August 2013 by Piedmont Natural Gas Company, Inc. ("Company") to implement an integrity management rider ("IMR") to recover the costs of our capital investments that are made in compliance with federal and state safety and integrity management laws or regulations. The IMR is effective with an initial adjustment on January 1, 2014 of $13.1 million in annual margin revenue from tariff customers based on capital expenditures incurred through October 2013. Under the IMR, rates will be updated annually outside of general rate cases for the return of and on these capital investments.

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