Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 11/30/2009, Docket: RP10-77-000, Status: Effective

Third Revised Sheet No. 563 Third Revised Sheet No. 563

Superseding: Second Revised Sheet No. 563

 

GENERAL TERMS AND CONDITIONS

(continued)

 

23.SCHEDULING OF SERVICE (continued)

 

(c) Resolution of firm service imbalances: among Algonquin's firm service Customers

scheduling excess receipts or deliveries for the purpose of resolving a prior

imbalance in scheduled receipts or deliveries up to but not in excess of the

applicable contractual entitlement of such Customers;

 

(d) Old interruptible services: among Customers whose contractual entitlements

resulted from the conversion of interruptible entitlements under Algonquin's

former Rate Schedules T-LG, STB and SS-III.

 

(e) New interruptible services: Among all other interruptible service Customers,

excluding Park and Loan Customers, in the following order:

 

(1) among all Customers paying the maximum applicable rate, on a prorata basis

based upon Customer's nominations received by Algonquin; and

 

(2) among all Customers paying a rate that is less than the maximum rate of

Algonquin then in effect, in inverse order of the size of such discounts,

and among Customers with the same size discount on a prorated basis based

upon Customer's nominations received by Algonquin. In addition, Customer

may elect to pay the applicable maximum rate at the time Customer submits

its nomination in accordance with Section 22 of these General Terms and

Conditions. In the event Customer's nomination is for service at a rate

less than the applicable maximum rate and Algonquin determines that all

nominations exceed available interruptible capacity, Customer making such

election will be required to pay the applicable maximum rate in order to

have its nomination accepted and scheduled by Algonquin to the extent

interruptible capacity is available as determined by Algonquin. Such

election shall be a one-time election effective for the remainder of the

Nomination Period.

 

(f) Resolution of interruptible service imbalances: among Algonquin's interruptible

service Customers scheduling excess receipts or deliveries for the purpose of

resolving a prior imbalance in scheduled receipts or deliveries up to but not in

excess of the applicable contractual entitlement of such Customers;

 

(g) Authorized overrun gas: among Customers requesting quantities of gas to be

scheduled in excess of the applicable contractual entitlement of such Customers;

 

(h) Park and loan service: among Customers requesting quantities of gas to be

scheduled for park and loan service under Rate Schedule PAL based on net present

value, with the transaction yielding the highest net present value receiving

priority over transactions yielding a lower net present value. Net present value

shall be calculated on the basis of the present value of the daily PAL charge

per Dth to Algonquin for the term of the transaction as specified in Exhibit A

of the PAL Service Agreement. PAL transactions yielding the same net present

value shall be scheduled pro rata based on scheduled quantities. In making the

determination of net present value, Algonquin shall apply the rate, as of the

date of the review, stated in accordance with Section 154.501(d) of the

Commission's regulations, to all bids.