Centerpoint Energy Gas Transmission Company

Sixth Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/28/2003, Docket: RP03-239-000, Status: Effective

Original Sheet No. 498 Original Sheet No. 498 : Effective

 

GENERAL TERMS AND CONDITIONS

(continued)

 

18.6 Determination of Annualized Recovery Portion.

 

18.6.1 For Eligible CSC, the recovery of a portion of which is

to be made for the first time in connection with the

relevant year's CSC Charge, the Annualized Recovery

Portion shall be determined according to the following

formula:

 

(A + B)/C + D = ARP

 

where,

 

"A" equals the amount of Eligible CSC at issue other than

as are covered by Section 18.8(c)(3);

 

"B" equals the total amount of interest to be earned on

the Eligible CSC reflected in "A" over the remainder of

the Recovery Period, calculated assuming (i) an equal

annual amortization of such Eligible CSC over the

remainder of the Recovery Period, and (ii) interest on

the unamortized balance calculated at the rate then in

effect pursuant to Section 18.10 throughout the remainder

of the Recovery Period, compounded annually;

 

"C" equals the number of years remaining in the Recovery

Period;

 

"D" equals that portion of the Eligible CSC authorized

for recovery pursuant to Section 18.8(c)(3) which are

attributable to the first year that payments are made

under an agreement covered by that section; and

 

"ARP" equals the Annualized Recovery Portion,

 

18.6.2 For Eligible CSC, the recovery of a portion of which has

been made in a prior CSC Charge, the Annualized Recovery

Portion shall be the same amount as used in the previous

year's calculation of the Annual Recovery Amount;

provided, however, that in the event the interest rate

applicable pursuant to Section 18.10 has changed during

the intervening period, then that portion of the

Annualized