Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from Dan Fidell from Brean Murray Carret.
Daniel Fidell - Brean Murray Carret & Company
Good morning, gentleman. Thanks for the call, as always a nice finish to the year.
David Anderson
Good morning, Dan.
Gregg Kantor
Good morning Dan.
Daniel Fidell - Brean Murray Carret & Company
Just a couple of quick questions. First, can you quantify for us the fourth quarter impact on a per share basis from the gas cost sharing? I saw that you gave the annual number. Do you have this for the quarter?
David Anderson
It ended up being around $0.04, actually almost $0.05 per share, Dan.
Daniel Fidell - Brean Murray Carret & Company
Okay, great. And then just quickly in terms of your proposed CapEx tracker in Oregon, can you talk a little bit about that and when it could potentially be in effect from a timing standpoint? And then I guess as a follow-on question, sort it goes to the potential for this energy efficiency program. Would you expect it to sort of operate like the tracker and like others across the country with timely cost recovery and sort of talk about that a little bit, if you would, and then the timing for that as well?
David Anderson
Well Dan, this is David. Let me start off on the CapEx tracker what you've referred to. That is a program that what used to be called pipeline integrity. It's now called the system integrity program, excuse me, I just have a hard time with the acronym there. And we are right now on consent agenda for the Oregon PUC later this month, I think it is the 24th or something like that.
Assume they approve it and it's on the consent agenda. What that will cover is continued pipeline integrity cost, bare steel replacement, and geo-hazard type expenditures which is important for this part of the country. And so the program will cover around $12 million per year, $3 million of that will be deferred every year for future rate case.
So it will ensure full recovery over a period of time. So it's a very good program, it's an expansion of the program we've had for quite a few years here. And then also it covers which is the rules are still coming out, what's called the DIMP rule, the Distribution Integrity Management program that is coming out on the federal level and when those rules come out, we know what we have do for the distribution program. Those dollars will be rolled into that overall recovery also.
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