Lawriter - OAC - 4901:1-12-08 Audits and hearings.

4901:1-12-08 Audits and hearings.

(A) The commission shall examine the Ohio coal research and development costs incurred by the gas or natural gas company once every six months in proceedings limited to that purpose. The company must file with the commission all of the information filed with the coal development office, including the semiannual project progress reports. All costs incurred on the project during the period to be considered are to be itemized in accordance with the uniform system of accounts. These costs shall delineate total costs, costs/expenditures of grant moneys, and costs requested to be recovered. This information shall be submitted concurrently with the semiannual report required by paragraph (B) of rule 4901:1-12-05 of the Administrative Code.

(B) Interested persons may file comments on the information filed pursuant to paragraph (A) of this rule within thirty days after the filing of the information. Within ten days after the filing of comments, the gas or natural gas company shall file a response to the comments stating whether the issues raised in the comments have been resolved. If the issues are not resolved, the commission may hold a hearing to examine the report and recommendations submitted by the director of the Ohio coal development office, all facts, data, and other information pertinent to the coal research and development costs. Based upon examination of the report and other information, the commission shall determine the reasonableness of the total costs proposed to be recovered and the appropriateness of the recovery period.

(C) The commission shall conduct or cause to be conducted periodic audits of each gas or natural gas company subject to the provisions of this chapter.

(D) The commission shall issue an appropriate order containing:

(1) A summary of any audit findings, conclusions, and recommendations;

(2) Any adjustments or reconciliations to be included in the semiannual Ohio coal research and development report for the next billing period; and

(3) Such other information or directives as the commission considers appropriate.

Effective: 11/17/2016
Five Year Review (FYR) Dates: 09/01/2016 and 09/02/2021
Promulgated Under: 111.15
Statutory Authority: 4905.304
Rule Amplifies: 1551.33, 1555.01, 4905.01, 4905.304
Prior Effective Dates: 5/5/1988, 10/10/11