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Note 4 - Rates and Regulatory Matters
3 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Public Utilities Disclosure [Text Block]

4.

Rates and Regulatory Matters

 

In April 2020, the SCC issued an order allowing regulated utilities in Virginia to defer certain incremental, prudently incurred costs associated with the COVID-19 pandemic and to apply for recovery at a future date. Roanoke Gas deferred certain COVID-19 related costs during the first quarter 2022.

 

In October 2021, Roanoke Gas received notification that its application for ARPA funds had been approved. This notification allowed the pending receipt of these funds to be considered in the valuation of the estimated allowance for uncollectibles as of September 30, 2021. In November 2021, Roanoke Gas received over $850,000 in ARPA funds to assist customers with growing past due balances based on arrearage balances as of August 31, 2021. The Company applied the full amount to eligible customer accounts in December 2021.