Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 02/13/2010, Docket: RP10-308-000, Status: Effective

First Revised Sheet No. 89A First Revised Sheet No. 89A

Superseding: Original Sheet No. 89A

 

STATEMENT OF NEGOTIATED RATES 1/

 

Customer Name: Consolidated Edison Company of New York, Inc.

 

Service Agreement: Contract No. 510371

 

Negotiated Rate Term: The term of this negotiated rate ("Negotiated Rate Term") commences on

the date service commences under the Service Agreement specified above and continues through the

end of the Primary Term of such Service Agreement, which Primary Term will extend for a period

of either 10 years or 15 years, based upon Customer's election pursuant to its one-time option

to extend the Primary Term by five years. Customer's election to extend the Primary Term to 15

years is exercisable no later than five years prior to the end of the initial 10 year term. In

the event Customer exercises its one-time option to extend the Primary Term of the Service

Agreement specified above for a period of five years, then Algonquin and Customer agree that

such Service Agreement will be a ROFR Agreement pursuant to the terms of Algonquin's FERC Gas

Tariff and will remain a ROFR Agreement following the end of the Negotiated Rate Term.

 

Rate Schedule: AFT-1 (Docket No. CP06-76, Ramapo Project)

 

MDTQ: 125,000 dth/d

 

Reservation Rate: Customer shall pay a rate of $11.38 per Dth, per month of Customer's MDTQ

under the Service Agreement specified above during the Negotiated Rate Term. In the event

Customer exercises its one-time option to extend the Primary Term of such Service Agreement for

a period of five years, then Customer shall pay a negotiated reservation rate of $10.37 per Dth,

per month of Customer's MDTQ under such Service Agreement for the extended five year period of

the Primary Term.

 

Usage Rate: The usage rate to be paid by Customer under the Service Agreement specified above

during the Negotiated Rate Term and/or any extended term, shall be zero. Customer shall also

pay the applicable Annual Charge Adjustment ("ACA") and other FERC-prescribed surcharges of

general applicability, and Fuel Reimbursement Quantity ("FRQ") charges for service under the

Service Agreement specified above.

 

Primary Receipt Point: M&R 00202, Ramapo, NY

 

Primary Delivery Point: M&R 00851, Brookfield Delivery, CT

 

Recourse Rate(s): The Recourse Rate(s) are the maximum rate(s) stated on Algonquin's currently

effective Statement of Rates for Rate Schedule AFT-1 for the Ramapo Project.

 

 

FOOTNOTES:

 

1/ Except for Customer's one-time option to extend the term described above, this negotiated

rate transaction does not deviate in any material respect from the applicable form of service

agreement set forth in Algonquin's FERC Gas Tariff. This negotiated rate shall apply only to

service under the Service Agreement specified above, up to Customer's specified MDTQ, using

the receipt and delivery points designated herein, and any secondary receipt and delivery

points available under Rate Schedule AFT-1.