A Scoping Memo and Ruling was issued by the assigned Commissioner that, among other matters, designated ALJ Galvin as the principal hearing officer, established an evidentiary hearing schedule, established a service list, and determined the scope of this proceeding. It also authorized parties to update long-term debt and preferred stock costs to reflect the result of the October 2000 "DRI" 2001 30-year Treasury Bonds forecast.
The issues in this proceeding are capital structure, interest rate increases and forecasts, common equity, financial modeling, risk factors, and automatic trigger mechanism.