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&lt;p style="margin-top: 18px; margin-bottom: 0px;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;&lt;b&gt;&lt;a name="tx103575_17"&gt; &lt;/a&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
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&lt;p style="margin-top: 6px; text-indent: 4%; margin-bottom: 0px;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;On April&amp;nbsp;2, 2010, Monongahela and Potomac Edison filed with the Public Service Commission of West Virginia ("West Virginia PSC") a Joint Stipulation and Agreement of Settlement (the "West Virginia Stipulation") reached with the other parties in a rate case filed by Monongahela and Potomac Edison in August 2009. The West Virginia Stipulation provides for: &lt;/font&gt;&lt;/p&gt;
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&lt;p align="left"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;an additional $20 million annualized base rate increase effective January 2011; &lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;
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&lt;p align="left"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;a decrease of $20 million in the Expanded Net Energy Clause ("ENEC") rates effective January 2011, which amount is deferred for later recovery in 2012; and &lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;
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&lt;p align="left"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;a moratorium on filing for further increases in base rates before December&amp;nbsp;1, 2011, except under specified circumstances. &lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;
&lt;p style="margin-top: 12px; text-indent: 4%; margin-bottom: 0px;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;The West Virginia PSC conducted a hearing on the West Virginia Stipulation on April&amp;nbsp;6, 2010 and approved the stipulation on June&amp;nbsp;25, 2010. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText>
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Rate Case
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