Centerpoint Energy Gas Transmission Company

Sixth Revised Volume No. 1

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Effective Date: 01/01/2010, Docket: RP10-206-000, Status: Effective

Second Revised Sheet No. 594 Second Revised Sheet No. 594

Superseding: First Revised Sheet No. 594

 

GENERAL TERMS AND CONDITIONS

(continued)

 

23. TRANSITION COSTS RECOVERY MECHANISM (continued)

 

23.4 Exit Fee.

 

Transporter shall have the right to collect as part of an exit fee

any remaining unrecovered purchased gas costs pursuant to Section

23.1 above, the GSR Costs, stranded costs and new facilities

costs, upstream firm interstate transportation costs and other

amounts related to services provided to Shippers, as Transporter

and Shipper may agree.

 

23.5 IT Revenue Credit to Firm Transportation.

 

The maximum reservation charge under Rate Schedules FT, FT-2, EFT

and NNTS shall be adjusted by the IT Revenue Credit, which shall

be determined by dividing the FT Excess Revenue Share (discussed

at Section 23.2(b)(iv) above) by the total annual contract demand

under Rate Schedules FT, FT-2, EFT and NNTS (i.e., total Contract

Demands and Contract Delivery Demands multiplied by twelve) in

effect on January 1 of the Accrual Period as set out in Section

23.2(b)(iv). The IT Revenue Credit shall be calculated to include

interest on the appropriate amounts, in accordance with Section

154.501 of the Commission's regulations. The appropriate amount of

FT Excess Revenue Share, if any, will be determined in accordance

with the provisions of Section 23.2(b)(iv). Interest on such FT

Excess Revenue Share will accrue from the end of its Accrual

Period to the effective date of the IT Revenue Credit. Transporter

shall file to make the IT Revenue Credit effective each May 1 for

the next succeeding twelve Month period.

 

23.6 Excess ISS Revenues/Remaining ISS Costs.