Peoples Natural Gas Peoples Natural Gas - …Peoples Natural Gas - Exhibit No. 15 2017 through December 31, 2017, including what has transpired in each case, and the degree of the

Peoples Natural Gas - Exhibit No. 15

Peoples Natural GasPeoples Natural Gas - Equitable Division

1307(f) - 2018

For the Twelve Months Ending December 31, 2017

Section 53.64(c)(4):

An annotated listing of Federal Energy Regulatory Commission or other relevant non-Commission proceedings, including legal action necessary to relieve the utility from existing contract terms which are or may be adverse to the interests of its ratepayers, which affect the cost of the utility’s gas supply, transportation or storage or which might have an impact on the utility’s efforts to provide its customers with reasonable gas service at the lowest price possible. This list shall include docket numbers and shall summarize what has transpired in the cases, and the degree of participation, if any, which the utility has had in the cases. The initial list filed under this paragraph shall include cases for the past three years. Subsequent lists need only update prior lists and add new cases.

Overview

Peoples Natural Gas Company LLC (“Peoples Natural Gas”) and Peoples Gas LLC (“Peoples Gas”) (collectively, “the Peoples LDCs”1), monitor proceedings before the Federal Energy Regulatory Commission (“FERC” or “Commission”) and undertake legal action as necessary to protect the interests of the ratepayers of these companies. The Peoples LDCs continually assess strategic and cost effective means of tracking the rate, tariff and certificate filings of the interstate pipelines by which they are served, as well as significant generic FERC proceedings which may affect the cost of gas supplies purchased on the interstate system or otherwise affect the services that the Peoples LDCs provide to their customers.

The Peoples LDCs’ combined efforts to monitor and participate in FERC proceedings also promote use of a combined annotated listing to satisfy the filing requirement of Section 53.64(c)(4). To this end, the FERC rulemakings and interstate pipeline cases affecting one or both of the two companies will be combined to generate the annotated listing of FERC cases set forth in each company’s 1307(f) pre-filing. This filing will contain an annotated listing of FERC rulemakings and interstate pipeline cases affecting one or both of the two companies for the period January 1,

1 The Peoples LDCs also monitor FERC proceedings on behalf of affiliate Peoples Gas WV LLC (“Peoples WV” or “PWV”) and the term “the Peoples LDCs” includes Peoples WV with regard to the proceedings of Equitrans, L.P.


2017 through December 31, 2017, including what has transpired in each case, and the degree of the Peoples LDCs’ participation, if any.

Representatives for the Peoples LDCs will continue to participate in pertinent customer meetings, conference calls, webcasts and seminars sponsored by the interstate pipeline companies through which they are served. Participation in these meetings and seminars and other industry programs has helped the Peoples LDCs to remain informed about pending cases and current issues that could affect the cost and availability of their gas supplies on the interstate system.

PIPELINE PROCEEDINGS

Participation

From time to time Peoples LDCs have intervened in, monitored the progress of and occasionally submitted written comments in FERC proceedings. Currently Peoples Natural Gas monitors Dominion Transmission, Inc. (“Dominion” or “DTI”), Equitrans (“Equitrans” or “EQT”), National Fuel Gas Supply Corporation (“National Fuel” or “NFG”) and Texas Eastern Transmission, LP (“Texas Eastern”) because the outcome of the H3RC proceedings of these interstate pipelines may directly affect the services that Peoples Natural Gas provides to its customers. Similarly, Peoples Gas presently monitors Dominion, Equitrans and Columbia Gas Transmission, LLC (“Columbia”), the three interstate pipelines from which Peoples Gas receives service. Typically, the Peoples LDCs do not intervene in the FERC proceedings of an interstate pipeline when it is not a customer of that pipeline or does not have a significant or direct interest in the outcome. Nonetheless, from time to time the Peoples LDCs also .monitor the rates and, on a more limited basis, may review the FERC proceedings of other interstate pipelines where it has a continuing interest due to historical relationships or potential interest in receiving service in the future (e.g., Tennessee Gas Pipeline Company, LLC (“Tennessee” or “TGP”)). In addition, as time permits, the Peoples LDCs may review FERC orders on non-supplier pipelines that may have precedential value.

Annotated Listings of Proceedings

Schedule A includes an annotated listing of pipeline proceedings, including docket numbers, a summary of what has transpired in the case and its status, and the degree of participation for Peoples Natural Gas and/or Peoples Gas. The listing covers pipeline filings submitted during the period January 1, 2017, through December 31, 2017.

Schedule B also includes a separate listing of pipeline proceedings monitored and reviewed by Peoples LDCs representatives during the same period but which no further action was required beyond, in some cases, an intervention. Some of these dockets involve routine annual or semiannual cost tracking filings that are submitted pursuant to already-accepted settlements or tariff provisions. Other dockets involve either non-substantive tariff changes or routine reports filed


pursuant to approved settlements or tariff provisions. Generally there are no protests or adverse comments with regard to these routine filings when the pipelines follow the cost tracking and reporting procedures set forth in effective pipeline tariffs or settlements. Typically, in these routine or non-substantive proceedings, the FERC accepts the rate change or report without conditions or further action, and with regard to routine pipeline reports, the FERC may not issue orders where no objections are filed.

FERC RULEMAKINGS AND OTHER INQUIRIES

Participation

From time to time the FERC issues a notice of proposed rulemaking (“NOPR”), a notice of inquiry (“NOI”) or a policy statement on topics of interest to the natural gas industry. These notices are reviewed and an assessment is made of the Peoples LDCs’ interest in the subject matter. The Peoples LDCs monitor the progress of all such proceedings of interest and will participate in a significant generic FERC proceeding if their interests are not covered by others or like-minded associations.

In addition, Peoples LDCs personnel participate in certain industry organizations, which were formed to advance the collective interest of their members. These organizations often offer members access to full-time consultants without payroll expenses. Given the short lead times allowed for preparation of comments, associations can channel resources, information, and ideas into the federal rulemaking process with efficiency and at little cpst.

The American Gas Association (“AGA”) is a group representing more than 200 local energy companies that deliver clean natural gas throughout the United States. AGA reports that there are more than 73 million residential, commercial and industrial natural gas customers in the U.S., of which 95 percent - more than 69 million customers - receive their gas from AGA members. AGA acts as an advocate for local natural gas utility companies who take service from virtually every interstate natural gas pipeline regulated by the FERC under the Natural Gas Act and participates in rulemaking and other generic policy dockets that affect its members’ interests. AGA also monitors and participates from time to time in issues at other agencies and commissions (e.g., the Commodities Futures Trading Commission and the Pipeline and Hazardous Materials Safety Administration) that impact gas utilities and energy consumers. Generally, with the active participation of the AGA FERC Regulatory Committee as an advocate for local natural gas utility companies, the need for individual local distribution companies to participate directly in rulemaking proceedings is minimized. Peoples LDCs representatives participate on AGA committees.

From time to time AGA also files comments with regard to the FERC’s proposals to incorporate into its regulations business practice and electronic communications standards developed by the North American Energy Standards Board (“NAESB”). NAESB holds itself out as an industry forum for the development and promotion of standards that will lead to a seamless


marketplace for wholesale and retail natural gas and electricity. Formed in January 2002, NAESB is an independent and voluntary organization that develops and promotes the use of business practices and electronic communications standards for the wholesale and retail natural gas and electricity industries.

Annotated Listings of Rulemaking and Other FERC Proceedings

Schedule C provides a listing of a number of “FERC Rulemakings” in which AGA participated during the period January 1, 2017, through December 31, 2017, including a description of the status and what has transpired in each proceeding. In addition to those rulemakings listed, the AGA intervenes, participates and files comments from time to time in proceedings that may not directly or significantly impact the Peoples LDCs or their interstate pipeline service providers.

Historically, the Peoples LDCs have also included a Schedule D, a description of Peoples LDCs’ filings made with FERC related to FERC-jurisdictional services provided by the Peoples LDCs. In this reporting period, no such filings were made, and the schedule is omitted this year.

SCHEDULE APIPELINE PROCEEDINGS

Columbia Gas Transmission, LLC (Peoples Gas only)

Modernization Settlement - Revenue Sharing RP13-584-005

Summary: As part of the modernization settlement filed in 2012, Columbia agreed to share 75% of revenues in excess of $750MM with shippers. Since that time through 2016, Columbia has filed annually that it did not receive revenues in excess of $750MM.

On May 1, 2017, Columbia filed to share over $8MM with shippers under this provision. Peoples Gas (Peoples TWP at the time of filing) received $10,434.61 as its portion of that revenue.

Leach Xpress Market Area RP17-950

Summary: On August 1, 2017, Columbia Transmission Company filed to introduce a new market area to its system map. By way of background, the Columbia pipeline system is broken into various market areas as a way of managing secondary firm rights on its


system. Secondary firm using points in or along its firm path, defined in a schedule describing which market areas are up or downstream of which others, have a higher priority than those not using points in path.

The new market area is the result of the Leach Xpress Expansion project recently completed.

A number of parties intervened, with no adverse comments. The FERC accepted Columbia’s change on August 22, 2017.

Dominion Energy Transmission, Inc. (Peoples Natural Gas & Peoples Gas)

Supply Header Project / Atlantic Coast Pipeline CP15-554, CP15-555

Summary: On September 18, 2015, Dominion Transmission and Atlantic Coast Pipeline (a joint venture managed by Dominion) filed three related dockets. The Atlantic Coast Pipeline (CP15-554) will be constructed in West Virginia, Virginia and North Carolina moving 1.5 Bcf of gas from Dominion’s system to east coast markets, primarily power plants. Dominion’s Supply Header Project (CP15-555) will be constructed on Dominion’s system to bring this gas to the new Atlantic Coast Pipeline. Dominion’s construction would be in West Virginia and Westmoreland and Greene Counties in Pennsylvania, within the footprint of Peoples LDCs.

After a number of data requests, the FERC issued a notice of Environmental Review on August 12, 2016 combining the filings into a single study. Following several more rounds of data requests the Final Environmental Impact Study was issued on July 21, 2017 and issued an Order of Public Convenience and Necessity on October 13, 2017. Construction is expected to be complete in 2019.

The Peoples LDCs anticipate no impact on services it receives from Dominion.

Name ChangeRP17-814RP17-818


Summary: On June 1, 2017, Dominion Transmission Inc. changed its name to Dominion Energy Transmission Inc. The tariff was changed to incorporate the new name, with no other changes.

Equitrans. L.P. (Peoples Natural Gas & Peoples Gas)

Equitrans Expansion Project (Redhook Compressor)CP16-13

Summary: On October 27, 2015, Equitrans filed to construct the Redhook Compressor which would dramatically change the flows on Equitrans moving gas from north to south to a new interconnect with the proposed affiliate, Mountain Valley Pipeline. The current system is designed to bring gas from West Virginia and counties south of Pittsburgh to the city and nearby interstate pipelines. Due to the proliferation of production from the Marcellus shale, Equitrans is proposing to reconfigure its system so that gas will flow in a north to south direction to new markets to be served by the proposed Mountain Valley Pipeline.

The project will be anchored by EQT Energy, an affiliate of Equitrans. Equitrans submitted information to show that the proposed rates are sufficient to pay for the project and so to keep existing shippers from subsidizing the new construction.

The Peoples LDCs initially intervened in the case on November 12, 2015 and filed initial comments on November 26, 2015 voicing concerns about the reliability of service from Equitrans once this project goes into service. After several months of discussions with Equitrans, Peoples Natural Gas filed a protest on February 23, 2016. In the protest, Peoples Natural Gas outlines several areas of concern while stressing it is not opposed, in principle, to an Equitrans expansion. Peoples Natural Gas explained that it is concerned about flow changes on Equitrans’ system, potential reliance on Equitrans use of displacement to provide for service, and delivery point pressures. Peoples Natural Gas proposed a technical conference.

Equitrans responded on March 10, 2016. Its answer stated that because gas flows are controlled by nominations, there was little risk of the problems Peoples Natural Gas described. In fact, Equitrans asserted, because the project brings gas volumes into Equitrans closer to Pittsburgh, it will benefit the northern end of the Equitrans system and improve reliability to Peoples Natural Gas. The pipeline further explained that Peoples Natural Gas’ proposed remedies, such as pressure guarantees, are not permissible under the pipeline’s current tariff. Finally, the pipeline claimed that the


Peoples Natural Gas system contributed to some of the operational shortfalls in recent history and that these operational shortfalls were not the fault of the pipeline.

Peoples Natural Gas filed its response to Equitrans on May 6, 2016, challenging some of the pipelines modeling assumptions and assertions as to the inadequacy of Peoples Natural Gas’ facilities.

On June 28, 2016, the Commission issued its schedule for environmental review indicating that the Environmental Impact Statement would be available by March 10, 2017.

On August 4, 2016, Peoples Natural Gas requested a deferral of the Technical Conference while it attempted to reach agreement with Equitrans.

On September 16, 2016, a Draft Environmental Statement was released indicating that all substantial impacts could be sufficiently mitigated. This drew a number of new comments from various environmental groups, conservation groups and individuals.

On April 18, 2017, Peoples Natural Gas withdrew its comments, satisfied at Equitrans explanation of the project and how gas flows in the Pittsburgh region would be affected.

The Final Environmental Impact Statement was issued on June 23, 2017. Construction began in the fourth quarter, and the project is expected to be in service by the end of 2018.

H-125 uprate project CP17-1

Summary: On October 13, 2016, Equitrans filed to increase the maximum allowable operating pressure (“MAOP”) of its H-125 line south of Pittsburgh from 328 psig to 546 psig for a cost of $3.8MM. Related construction to be completed by August 2017 involves sample digs to validate inspection results indicating the pipeline is in good condition and pressure testing of 2.62 miles of pipe not previously tested to 546 psig.

There are several interconnects between Equitrans and Peoples Natural Gas along the affected 12-mile route which will have to be upgraded as a result of the increased operating pressure. Peoples Natural Gas intervened on December 12, 2016.

Construction was authorized by FERC on February 1, 2017 and work was completed by year end.


ROFR Language RP17-332

Summary: On January 11, 2017 Equitrans filed a broad update to its ROFR language. The language adjusted posting periods and customer rights (such as the ability to renew a portion of an existing contract) as well as establish the calculation of value to the pipeline. The new language is now in a standalone section of the tariff and expands the consideration of ROFR rights to new construction and potential changes in the base service agreement.

Equitrans allowed Peoples Natural Gas to preview the revisions and made several changes based on Peoples Natural Gas’ input. Peoples Natural Gas was able therefore to support the filing in comments on January 23, 2017. The FERC approved the revised language on February 1, 2017.

Formula Based Negotiated Rates Update RP17-460

Summary: Upon acquiring the system from Peoples Natural Gas in 2013, Equitrans’ AYC rates are recalculated annually based on a formula agreed to with Peoples Natural Gas to provide for upgrades to the system, many of which Peoples Natural Gas had planned before the transfer of assets took place.

Under the updated calculations, Peoples Natural Gas’ FTS and FTSS monthly reservation charges increased from $6.6423 to $8.6497 per MMBTU. For Peoples Natural Gas’ GSS service, the Demand charge increased from $3.3396 to $3.4424, and the Storage Space charge increased from $0.0777 to $0.0801 per MMBTU, also on a monthly basis.

The rate update was approved by the FERC on March 21, 2017.

Peoples Natural Gas has initiated an audit of Equitrans expenses under the formula as provided for in the capacity agreement. That audit was still ongoing as of December 31,2017.


Reservation Charge Credits RP17-557

Summary: On March 27, 2017, Equitrans filed to change is policy on credits to reservation charges due to system outages. The change was based on a FERC precedent addressing the duration of outages a pipeline was allowed before a refund to customers is required. Equitrans also eliminated a transition clause based on PHMSA regulations. The transition expired on September 30, 2016.

Equitrans included a clause allowing longer outages with customer agreement. Equitrans worked with Peoples Natural Gas on amending the original draft of this language prior to filing.

The Commission accepted the revision on April 13, 2017.

EFT Service RP17-887

Summary: On July 5, 2017, Equitrans filed to introduce Enhanced Firm Transportation (EFT) service. The service is designed for shippers requiring highly flexible hourly deliveries. Equitrans worked with the Peoples LDCs for several months prior to filing. Peoples LDCs’ primary concern was to assure the current FT service, which today receives some undefined hourly flexibility, would not be degraded. The draft submitted was the result of negotiations between the two companies. Peoples LDCs therefore filed comments on July 17, 2017, supporting the collaborative nature of the process and requesting the Commission to recognize the current flexibility of FT service.

The FERC accepted Equitrans new service on August 3, 2017. Equitrans’ compliance tariff introducing the new service was accepted on November 16, 2017.

GSS Storage Ratchet Notice RP17-944

Summary: On July 31, 2017, Equitrans filed to update its GSS storage ratchets and storage balance on its Allegheny Valley Connector (AVC) system, which it acquired from Peoples Natural Gas on December 17, 2013. This is the last of three years in which Equitrans was required to file.

Equitrans stated that based on its actual experience the current ratchets and minimum balances are still appropriate and it plans to make no changes at this time.

On August 14, 2017, the Peoples LDCs filed a motion to intervene, protest, and motion to require supplemental filing. The Peoples LDCs argued that Equitrans did not supply sufficient information to assess whether the ratchets are reasonable or not.

On August 17, 2017, Equitrans filed an answer that argued that the Peoples LDCs did not complain about the information provided in the prior two filings and therefore by precedent should not object to the same level of information in this year’s filing.

The Peoples LDCs responded on August 29, 2017, arguing that they had not given up their right to object simply by not objecting to previous similar filings.

The FERC ordered Equitrans to provide additional information on September 14, 2017. Equitrans provided some additional information on September 28, 2017.

The proceeding was still pending as of December 31, 2017.


Revised AVC Fuel Tracker RP18-226

Summary: On December 1, 2017, Equitrans filed to change how the fuel and loss tracker will work on the AVC pipeline. Equitrans explained that its tariff has provided for true-up in kind, which for some replacement shippers has proved to be inconvenient because they may no longer be shippers when the true up occurs, requiring the shipper to procure small amounts of IT service to settle the imbalance. To relieve this administrative burden, Equitrans proposed moving to a true up that would be made up in the next period’s retainage rate, which method is the industry standard.

Although Equitrans will true up the rate annually, in line with industry standards, it also included a provision allowing for more frequent recalculation if there is a material deviation between actual fuel and loss and the retainage rate.

The FERC accepted Equitrans’ revised tariff on December 20, 2017.

National Fuel Gas Supply Corporation (Peoples Natural Gas only)


Fuel and Retainage Tracker RP17-407

Summary: On February 17, 2017 National Fuel filed its annual fuel tracker which included an increase in the total retainage rate from 1.11% to 1.38% for transportation service.

Protests by Indicated Shippers and Consolidated Edison argued that the increase was the result of the Northern Access project which was put in service in November 2015 and that the new compressor is responsible for both the undercollection in 2016 and the increased fuel leading to the higher retention rate. National Fuel filed this rate inclusive of the Northern Access fuel use despite a FERC order to create a separate fuel rate for the expansion capacity (Docket No. CP 14-100). This additional rate was to ensure that existing shippers did not subsidize the new construction.

The FERC issued a series of data requests to the pipeline and on March 7, 2017 National Fuel filed to change the start date for the new fuel tracker from April 1 to May 1 to allow more time to debate the issue.

On April 13, 2017, National Fuel continued its argument from CP14-100 that it is impossible to accurately separate fuel usage on a reticulated system. It nonetheless offered a Northern Access (NA15) fuel rate of 1.38% and a main system fuel rate of 1.32% (combined fuel and LAUF). It further requested an extension of the effective date of the new rate to June 1.

This filing was again protested due to the lack of detail describing how these rates, which still leave existing customers paying higher rates, were derived.

On May 3, National Fuel responded to these additional protests, stating that as a tracker this issue can be further addressed in next year’s filing, at which point the Commission will have ruled on a rehearing CP 14-100 which also addresses the fuel rate. Any discrepancies could be resolved at that time. It further provided that its methodology to allocate fuel to the NA15 project was just and reasonable. It further addressed several statements it considered misleading by Indicated Shippers.

The FERC issued an order on May 15 indicated that the tariff records would be accepted subject to refund and suspended. Specifically the order declared that National Fuel’s retainage rates were not shown to be just and reasonable and furthermore may be preferential or discriminatory.

Once a quorum was restored at FERC, the Commission issued an additional order on November 22, 2017, which accepted National Fuel’s amended rates, effective June 1, 2017, stating that the NA15 rate conformed to the pipeline’s obligations to segregate


fuel costs. The Commission also required National Fuel to amend its tariff section 41, which addresses fuel trackers, to clarify that expansion projects with trackers must also be trued up annually.

Pipeline Safety Costs and Greenhouse Gas Costs RP17-1123

Summary: As part of National Fuel’s 2015 rate settlement (RP15-1310), National Fuel was allowed to introduce a mechanism to recover pipeline safety and greenhouse gas costs incurred as a result of new legislation. On September 29, 2017, National Fuel filed to introduce such a surcharge.

The introductory reservation surcharge is $0.0581/month/dekatherm for FT service. This reflects $2.0MM of transmission costs. National Fuel will incur a total of $2.3MM in storage costs, allocated to its Demand rate ($0.1033 surcharge) and its Capacity rate ($0.0015 surcharge). National Fuel intends to file revisions to this tracker annually.

There were no adverse comments to National Fuel’s filing. The FERC approved the new rate on October 30, 2017, and new tariff sheets were effective on November 1, 2017.

Texas Eastern Transmission. LP (Peoples Natural Gas & Peoples Gas)

PCB TrackerRP88-67RP17-461RP17-519RP17-964RP17-967RP17-1106 andRP18-60

Summary: In the first quarter of 2016, Texas Eastern began negotiations with customers to renew its PCB cost recovery tracker (originally implemented pursuant to a settlement approved in Docket No. RP88-67.) Under the terms of that settlement agreement, Texas Eastern pays 42.5% of PCB remediation costs and passes the remainder through


to customers in the form of a tracker, limited, however, to increases of no more than 15% year over year, until the expiration of the agreement.

Because the remediation costs varied from year to year, the pipeline recovered only $236,000 in 2007 for projected expenses adjusted for a 2006 overcollection. Thereafter, the pipeline incurred annual costs of $1-2MM, but due to the 15% limitation on the amount of annual increase to the tracker, the pipeline was unable to recover on a current basis the customers’ full 57.5% share of its $1~2MM annual expenditure. The result has been the building of a regulatory asset of nearly $9MM by 2016.

On February 28, 2017, Texas Eastern filed to adjust the PCB tracker to $0.00 pending the outcome of negotiations.

On March 3, 2017, Texas Eastern filed a methodology to recover the approximately $9MM undercollection through a one-time charge, with certain exceptions for negotiated rate customers (Docket No. RP17-519). This issue was separated from the much more complicated and contested issue of whether the tracker should be renewed for recovery of future PCB costs. Shippers largely agreed that Texas Eastern was owed the $9MM undercollection pursuant to the RP88-67 settlement, and a settlement proposed by Texas Eastern in this docket was unopposed and approved by the Commission.

It was not until August 4, 2017 that Texas Eastern was able to negotiate and file a joint settlement agreement supported or unopposed by most shippers (Docket Nos. RP17- 964 and RP17-967). Peoples LDCs intervened on August 15, 2017. By the time of this filing Spectra Energy, the Texas Eastern parent company, had been acquired by Enbridge Inc.

The settlement, among other things, extends the tracker to November 30, 2027, though Texas Eastern may extend that date upon an affirmative showing of ongoing costs. The cost cap was reduced from $622MM (1990 dollars) to $360MM (1990 dollars). This leaves $63MM (2017 dollars) remaining under the modified cap. The annual cap was changed to $5MM rather than limited to a 15% increase.

The settlement was approved by the Commission on October 10, 2017.

Texas Eastern filed on October 26, 2017 to implement a new PCB tracker of $0,017 on for M2-M2 FT service. The filing was accepted on November 16, 2017.

Change to Cashout Pricing


RP17-623

Summary:

RP17-408 RP17-442 RP17-450 RP17-466 RP 17-467 RP17-473 RP 17-487 RP 17-501 RP17-525 RP17-526 RP17-568 RP17-588 RP17-689 RP 17-753 RP17-778 RP17-891 RP17-926 RP17-973

On March 31, 2017, Texas Eastern submitted a proposal to alter its Cashout price methodology to reflect changes in market conditions, and later, on April 13, filed errata to include modifications to other affected portions of its tariff. Peoples LDCs intervened on April 12, 2017.

Two primary changes were made. The publication used to generate pricing was changed from Natural Gas Week’s Gas Price Report to Platts Gas Daily’s Daily Price Survey. Second, pricing was made more granular point by point. Rather than average indices within a zone, points were assigned the appropriate index most closely approximating how that point is priced.

The change to pricing largely eliminates opportunities for arbitrage. Under the prior methodology, shippers may be incentivized to leave gas on the system preferring the cashout price to other available options.

The changes were accepted by the FERC on April 26, 2017.

SCHEDULE BTexas Eastern Penalty Revenue Distribution.Equitrans update to AVC fuel tracker.Equitrans made administrative modifications to the AGS form of service agreement. Columbia EPCA tracker update.Columbia RAM tracker update.Columbia TCRA tracker update.Columbia Operational Transactions filing.Tennessee Fuel and Retainage Tracker update.Equitrans formula based retainage update (affecting some Sunrise customers). Equitrans tariff clean up filing.Dominion Communications; eliminates fax and allows e-mail communications. Columbia OTRA tracker update.Texas Eastern Penalty Revenue Distribution.Texas Eastern PAL base contract automatically rolls into successive terms.National Fuel reorganizes pooling zones Dominion Penalty Revenue Distribution.Equitrans NAESB standards waiver for two days for EBB upgrade.Completion of NAESB standards implementation after EBB upgrade.

Peoples Natural Gas - Exhibit' No. 15

RP17-1130 RP17-1132 RP18-69 RP18-76 RP18-116 RP18-150

RP18-124 RP18-180 RP18-191 RP 18-286 RP18-289 RP 18-298

Dominion EPCA tracker update.Dominion TCRA tracker update.Texas Eastern OFO Disbursements.Equitrans Operational Sales.Texas Eastern Annual Retainage true up.National Fuel updated its list of unprocessed gas pipes based on the new processing facility, Overbeck.Columbia winter OTRA tracker.Tennessee Gas Pipeline Cashout ReportNational Fuel Transportation and Storage Cost Adjustment tracker Columbia Penalty Revenue Distribution.Texas Eastern Electric surcharge tracker update.Columbia CCRM tracker update.

SCHEDULE CFERC Notice of InquiryMaster Limited Partnerships Tax RecoveryPL17-1

Summary: On December 15, 2016, the FERC issued a Notice of Inquiry (NOI) as a reaction to the U.S. Court of Appeals decision in United Airlines, Inc., et al. v. Federal Energy Regulatory Commission, 827 F.3d 122 (D.C. Cir. 2016).

The Court found that Commission policy regarding ratemaking allowed for Master Limited Partnerships (MLPs) to recover taxes twice, once in the standard ratemaking process through its Return on Equity (ROE) formula and again through line item tax liability recoveries.

The Court ordered FERC to either alter its ratemaking policies or demonstrate that its current formula does not allow for the double collection of taxes from ratepayers. FERC issued the NOI, soliciting public input, prior to issuing an order on the matter.

AGA filed comments in April 2017 supporting the INGAA’s argument that the existing policy is sufficient and MLP rates can and are designed in a way that does not double recover taxes. Dozens of comments were filed on both sides of the debate. FERC has taken no additional action.


FERC Leadership

Summary: On January 27, 2017, President Trump appointed Commissioner Cheryl LaFleur as Acting Chairman of FERC. Sitting Chairman, Norman Bay, resigned on February 3, 2017, leaving FERC, already short two commissioners, without a quorum. AGA followed developments in Washington, keeping members apprised of possible consequences to approval of pipeline projects and other decisions that were deferred until the White House appointed new commissioners.

Prior to Bay leaving the Commission, several projects were approved and authority delegated to various FERC directors until such time as the Commission had a quorum again. Open meetings were cancelled as well.

The problem was exacerbated with Commissioner Colette Honorable announced she would not seek renomination when her term expired on June 30, 2017, leaving Acting Chairman LaFleur as the lone Commissioner.

The Senate confirmed Commissioners Neil Chatterjee and Robert Powelson on August 3, 2017. Both were rapidly sworn in re-establishing quorum at FERC. Chatterjee was named Chairman.

By year end Kevin McIntyre and Richard Glick were also sworn in putting the FERC Commission to its full capacity for the first time in several years. Commissioner McIntyre was named Chairman replacing Chatterjee.

Rover Pipeline CP15-93

Summary: The Rover Pipeline, connecting production in southeast Ohio with market in Michigan, was one of several approved by FERC on its last day of quorum, February 2, 2017. This pipeline was of interest to Peoples LDCs because the expected effect is to decrease transmission bottlenecks in the Appalachian region, causing prices to rise to a closer parity to the national average.

On June 1, FERC halted all horizontal drilling activities citing violations disclosed by the Ohio Environmental Protection Agency. The pipeline was required to submit a remediation plan before continuing construction. AGA monitored the pipeline and its likelihood to miss key in-service dates.


Rover was eventually allowed to resume construction, but with significant oversight to monitor its environmental compliance. The resolution was significant in that it indicated the FERC’s willingness to use its oversight authority over construction to enforce compliance with local environmental laws.

Documents

Peoples Natural Gas Peoples Natural Gas - …Peoples Natural Gas - Exhibit No. 15 2017 through December 31, 2017, including what has transpired in each case, and the degree of the