Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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

Third Revised Sheet No. 90 Third Revised Sheet No. 90

Superseding: Second Revised Sheet No. 90

 

STATEMENT OF NEGOTIATED RATES 1/ 2/

 

Customer Name: NSTAR Gas Company

 

Service Agreement: 510482

 

Term of Negotiated Rate: 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 twenty-year term of such Service Agreement.

 

Rate Schedule: AFT-CL (J-2 Facility)

 

MDTQ: 140,000 dth/d

 

Reservation Rate: Customer shall pay a negotiated reservation rate of $3.7544 per Dth, per month

of Customer's MDTQ under the Service Agreement specified above during the Negotiated Rate Term.

To the extent necessary to reflect final, actual costs to construct the J-2 Loop, Algonquin will

file a one-time adjustment to this negotiated rate, with the updated negotiated rate to become

effective as of the commencement of the Negotiated Rate Term. Following the issuance of a

Federal Energy Regulatory Commission ("Commission") order accepting the revised negotiated rate

agreement, Algonquin will adjust its invoice to NSTAR, with the appropriate offsets or surcharges

as necessary and with interest as applicable calculated at the FERC rate for refunds, to reflect

this effective date for the updated negotiated rate.

 

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

during the Negotiated Rate Term shall be zero. Customer shall also pay the applicable Annual

Charge Adjustment ("ACA"), lost and unaccounted for gas, and other applicable surcharges for

service under the Service Agreement specified above.

 

Primary Receipt Point: M&R 80094, J-2 Facility

 

Primary Delivery Point: M&R 00826, Mystic Street Station, Middlesex County, MA

 

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

effective Statement of Rates for firm transportation service on the J-2 Facility under Rate

Schedule AFT-CL.

 

 

FOOTNOTES:

 

1/ 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. Algonquin and

Customer, by agreeing to this negotiated rate, acknowledge that the otherwise generally

applicable maximum Recourse Rate(s) shall not apply or be available to Customer for service

under the Service Agreement during the Negotiated Rate Term, notwithstanding any adjustment

to such generally applicable maximum Recourse Rate(s) which may become effective during the

Negotiated Rate Term. Customer shall receive revenue credits in the amount of fifty percent

of revenues actually received by Algonquin under Rate Schedule AIT-2 (J-2) that are

attributable to commodity charges and authorized overrun charges but not including imbalance

resolution charges, scheduling penalties, unauthorized contract overrun penalties, ACA,

revenues attributable to Section 8 of Rate Schedule PAL, or any other such charges or

surcharges.

 

2/ This negotiated rate transaction is being implemented pursuant to the Stipulation and

Agreement ("Settlement") between Algonquin and Customer, dated October 16, 2007, and the

order of the Commission on the Settlement, dated February 14, 2008, 122 FERC ¶ 61,131 (2008).

This negotiated rate tariff sheet reflects the terms of the Settlement effective as of the

commencement of the Negotiated Rate Term.