THE PUBLIC INTEREST. Pursuant to the Commission’s policy of encouraging settlements that are reasonable and in the public interest, the Parties held a series of settlement discussions. These discussions culminated in this Settlement Agreement, which, once approved, will resolve all issues related to I&E’s investigation into the enrollment of non-residential customers to receive electric generation supply service from Astral without obtaining proper authorization. Notably, the civil penalty component of the Settlement serves to address I&E’s allegations of slamming. I&E intended to prove the factual allegations set forth in its investigation at hearing, to which the Company would have disputed. This Settlement Agreement results from the compromises of the Parties. Although I&E and Xxxxxx may disagree with respect to I&E’s factual allegations, Xxxxxx recognizes the serious concerns related to slamming and commits to fully complying with the Commission’s regulations in the future. Further, I&E recognizes that, given the inherent unpredictability of the outcome of a contested proceeding, the benefits to amicably resolving the disputed issues through settlement outweigh the risks and expenditures of continued litigation. I&E submits that the Settlement constitutes a reasonable compromise of the issues presented and is in the Appendix B public interest. As such, I&E respectfully requests that the Commission approve the Settlement without modification.
THE PUBLIC INTEREST. The Joint Parties agree jointly by executing and submitting this SA that the relief requested herein is just, fair and reasonable, and in the public interest.
THE PUBLIC INTEREST. Pursuant to the Commission’s policy of encouraging settlements that are in the public interest, the Parties held a series of settlement discussions. These discussions culminated in this Settlement, which, once approved, will resolve all issues related to I&E’s Complaint proceeding. As fully set forth in the settlement terms below, I&E submits that this Settlement is in the public interest and fully satisfies I&E’s significant safety concerns in this matter. Immediately upon the initiation of this matter, PECO investigated I&E’s concerns and met with I&E’s inspectors on several occasions to discuss l&E’s allegations. Moreover, subsequent to I&E’s Complaint, PECO took several corrective actions that met or exceeded the relief requested in I&E’s Complaint, as laid out in Paragraph 10 of the Settlement, and the preceding NC letters. Since I&E filed its Complaint, PECO has installed new pilots for relief valves at fifteen (15) medium-pressure regulator stations, has rebuilt three (3) regulator stations to reduce pressure build-up and pipe losses, and has addressed safety concerns and internal policy issues identified by I&E in its Complaint. Further, PECO has provided evidence of practices, policies, and procedures Appendix A that demonstrate PECO’s actions to be compliant with applicable Pipeline Safety Regulations. I&E intended to prove at hearing the factual allegations set forth in its Complaint, which PECO has disputed. The Settlement results from the compromises of the Parties after settlement discussions. Further, I&E recognizes that, given the inherent unpredictability of the outcome of a contested proceeding, the benefits to amicably resolving the disputed issues through settlement outweigh the risks and expenditures of continued litigation. I&E submits that the Settlement constitutes a reasonable compromise of the issues presented and is in the public interest. As such, I&E respectfully requests that the Commission approve the Settlement without modification.
THE PUBLIC INTEREST. The Joint Parties agree jointly by executing and submitting this Settlement Agreement that the relief requested herein is just, fair and reasonable, and in the public interest.
THE PUBLIC INTEREST. The Joint Parties agree jointly by executing and submitting this Settlement Agreement that the relief requested herein is just, fair and reasonable, and in the public interest. The Joint Parties acknowledge the value of including all active participants in this case in the settlement process. Accordingly, the Joint Parties agree that in any future SoCalGas rate proceedings, reasonable efforts shall be made to include all active parties at the commencement of settlement negotiations.
THE PUBLIC INTEREST. Section 9.1 The Parties agree that the public interest supports approval and/or acceptance of this stipulated Agreement in its entirety, according to its terms. Specifically, the Parties agree:
