Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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

Second Revised Sheet No. 577 Second Revised Sheet No. 577

Superseding: First Revised Sheet No. 577

 

GENERAL TERMS AND CONDITIONS

(continued)

 

25.IMBALANCE RESOLUTION PROCEDURES (continued)

 

Section 25.3, less an allowance for fuel determined in accordance with Section 32

of the General Terms and Conditions, Algonquin shall make a cash out payment to

Cash-out Party reflecting such excess receipts. Such payment will be based on

the index price for the Month multiplied by one or more of the following factors:

 

Imbalance Level Factor

 

Less than or equal to 5% 1.00

Greater than 5% but less

than or equal to 10% 0.90

Greater than 10% but less

than or equal to 15% 0.80

Greater than 15% but less

than or equal to 20% 0.70

Greater than 20% but less

than or equal to 25% 0.60

Greater than 25% 0.50

 

For purposes of determining the appropriate factor, Cash-out Party's imbalance

shall be determined by taking the lower of (a) the level of imbalance supplied

pursuant to Section 40.2, or (b) the imbalance computed by comparing (i) the

deliveries at the Point of Delivery as determined in accordance with Section 25.2

and (ii) the receipts at the Point of Receipt as determined in accordance with

Section 25.3.

 

Provided, however, that in the case of an imbalance created by an action of

Algonquin taken pursuant to Rate Schedule AFT-E or AFT-ES to increase receipts by

Algonquin for Cash-out Party's account, the applicable factor shall be 1.0 to the

extent Cash-out Party's receipts were in fact increased pursuant to such action

by Algonquin.

 

Provided further, for Rate Schedule AFT-1S or AFT-ES Customers, the level of

imbalance shall be determined after Algonquin subtracts up to 4,828 Dth, from

each Rate Schedule AFT-1S or AFT-ES Customer's total monthly imbalance. Such

amount subtracted up to 4,828 Dth will be cashed out at the appropriate index

price for the Month.