LARA - MPSC Approves Settlement Authorizing Northern States Power Company's 2012-2013 Gas Cover Recovery Factor

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MPSC Approves Settlement Authorizing Northern States Power Company's 2012-2013 Gas Cover Recovery Factor

Contact: Judy Palnau (517) 241-3323

Agency: Licensing and Regulatory Affairs

April 17, 2012 - The Michigan Public Service Commission (MPSC) today approved a settlement agreement authorizing Northern States Power Company to implement its gas cost recovery (GCR) plan and factors for the 12-month period ending March 31, 2013.

Under the settlement, the utility is authorized to implement a base GCR factor of $0.49610 per therm during that period.

The utility and the MPSC staff participated in the settlement.

The MPSC is an agency within the Department of Licensing and Regulatory Affairs.

Case No. U-16925

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