VERIFIED PETITION OF SOUTHERN INDIANA GAS AND ELECTRIC COMPANY d/b/a VECTREN ENERGY DELIVERY OF INDIANA, INC. (“VECTREN SOUTH”) FOR (1) ISSUANCE OF A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY FOR A COMPLIANCE PROJECT TO MEET FEDERALLY MANDATED REQUIREMENTS TO CLOSE ITS A. B. BROWN POND (THE “BROWN POND COMPLIANCE PROJECT”); (2) AUTHORITY TO TIMELY RECOVER 80% OF THE APPROVED FEDERALLY MANDATED COSTS INCURRED DURING CONSTRUCTION AND OPERATION OF THE BROWN POND COMPLIANCE PROJECT INCLUDING POST-IN SERVICE CARRYING CHARGES (BOTH DEBT AND EQUITY) (“PISCC’) AND DEFERRED DEPRECIATION THROUGH VECTREN SOUTH’S ENVIRONMENTAL COST ADJUSTMENT MECHANISM; (3) AUTHORITY TO DEFER FOR RECOVERY IN VECTREN SOUTH’S ENSUING GENERAL RATE CASE 20% OF SUCH APPROVED FEDERALLY MANDATED COSTS; AND (4) IN THE ALTERNATIVE, APPROVAL TO INCLUDE THE BROWN POND COMPLIANCE PROJECT IN RATE BASE PURSUANT TO IC 8-1-2-23. |