Carolina Gas Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2006, Docket: CP06- 71-001, Status: Effective

Original Sheet No. 182 Original Sheet No. 182 : Effective

 

19.6 System Balancing Cost Reconciliation Mechanism.

 

(a) The Transportation Deferred Account shall be credited with

any revenues received when Pipeline sells or cashes out gas

for daily system management or balancing purposes,

including FRQ, and shall be debited with any payments made

by Pipeline when it buys or cashes out gas for daily system

management or balancing purposes, including FRQ.

 

(b) As of July 31 each year, Pipeline shall determine whether

the balance in the deferred account, whether debit or

credit, is in excess of $50,000.00. If so, by October 1

Pipeline shall file for Commission approval a report

containing a proposed credit or surcharge, to be effective

the following November 1, for the portion of the balance

representing fixed and realized gains or losses. That

portion of the balance shall be divided by the total

quantity that Pipeline projects it will transport during

the next succeeding 12 calendar Months. The resulting per

Dt credit or surcharge shall be stated in the Summary of

Rates and Charges of this Tariff. The portion of the

deferred account representing contingent and unrealized

gains and losses from the purchase and sale of gas shall be

carried forward in the deferred account.