Excess flow valve benefit/cost analysis.
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1994-12-31
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NTL Classification:NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE
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Abstract:The Office of Pipeline Safety (OPS) is adopting regulations requiring the installation of Excess Flow Valves (EFVs) on all new or renewed single-family residential gas services that operate at pressures that are always 10 psig (pounds per square inch gauge) or greater. Ten psig represents an operating pressure at which the OPS believes commercially available EFVs will perform reliably. The purpose of this study is to estimate and compare the benefits and costs of installing the EFVs to determine whether such installations would be cost beneficial. Included in the final rule is a requirement that all services with newly installed EFVs be marked. The analysis includes this requirement in the calculation of the costs.
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