Centerpoint Energy Gas Transmission Company

Sixth Revised Volume No. 1

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Effective Date: 02/25/2009, Docket: RP09-261-000, Status: Effective

Second Revised Sheet No. 555 Second Revised Sheet No. 555

Superseding: First Revised Sheet No. 555

 

GENERAL TERMS AND CONDITIONS

(continued)

 

19. CAPACITY RELEASE (continued)

 

(e) With respect to releases that are subject to the maximum

rate ceiling, releasing Shipper and any replacement Shipper

must track any changes in Transporter's rates approved by

the Commission. If the Commission orders refunds of any

such rates charged by Transporter subject to refund,

Transporter and/or releasing Shipper, as the case may be,

must make corresponding refunds to such releasing Shipper or

any replacement Shipper, to the extent that releasing

Shipper or replacement Shipper(s) has paid amounts in excess

of Transporter's finally determined applicable maximum

rates.

 

(f) A releasing Shipper in a release transaction exempted from

bidding pursuant to Section 19.2(b) above may re-release to

the same replacement Shipper for a term of thirty-one (31)

Days or less if either: 1) a period of twenty-eight (28)

Days has elapsed after the first release for thirty-one (31)

Days or less has expired or 2) the releasing Shipper causes

the posting of an offer to release capacity or of a pre-

arranged transaction to be made, and capacity is allocated

on the basis of bids submitted. A releasing Shipper in a

release transaction exempted from bidding pursuant to

Section 19.2(b) above may also re-release (without

satisfying the foregoing requirements) to the same

replacement Shipper pursuant to the provisions of Section

19.2(a) or (c) above. Otherwise, an agreement for capacity

to be released at less than maximum rates for a term of

thirty-one (31) Days or less pursuant to Section 19.2(b)

above shall not contain an evergreen provision and may not

be rolled-over for any additional time period.

 

(g) (i) If the releasing Shipper retains recall rights, it

shall specify the condition(s) precedent to such

recall, whether there are limitations on the recall

notification periods set forth in Section

19.11(g)(ii)(1) through (5) which may be used and

whether releasing Shipper's recall notification must

be provided on a Business Day. The releasing Shipper

may also return or reput released capacity to a

replacement Shipper after recall as a standard option,

the conditions of which must be specified in the offer

of release; provided, however, that capacity may not

be reput for the same Day it was recalled.