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November 20, 2012
18:07 EDTWGLWashington Gas' infrastructure replacement application approved
On November 15, the Virginia State Corporation Commission issued an order approving Washington Gas', a subsidiary of WGL Holdings (WGL), amended Steps to Advance Virginia's Energy, or SAVE plan. Under the plan, the company will recover approximately $191.4M in anticipated expenditures for the replacement of facilities over a five-year period beginning January 1, 2013. The previously authorized plan called for expenditures of $116.5M. Washington Gas projects the total calendar year annual expenditures for the amended SAVE Plan to be $40M in 2013; $40M in 2014; $37.1M in 2015; $37.1M in 2016 and $37.1M in 2017.
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