Carolina Gas Transmission Corporation

Original Volume No. 1

Effective Date: 08/06/2007, Docket: RP07-519-000, Status: Effective

First Revised Sheet No. 185 First Revised Sheet No. 185 : Effective

Superseding: Original Sheet No. 185

21. BILLING AND PAYMENTS

21.1 Invoices. Shipper’s payment is due on Pipeline’s rendering of an

invoice, which date shall be the payment due date. On or before

the 9th Business Day of each calendar month, Pipeline shall

render its invoice for gas service provided during the preceding

Month. Such invoice shall include, in addition to any credits to

Shipper’s account, reservation charges, usage charges,

surcharges, any cashout payments, any penalties, and any other

Tariff charges. Imbalance statements will be rendered at the

same time or prior to the generation of the invoice.

21.2 Capacity Release.

(a) Pipeline will bill Releasing Shipper for all reservation

charges and surcharges that are attributable to any

capacity released by Releasing Shipper, including charges

resulting from changed eligibility to receive a rate

discount. Pipeline will bill Replacement Shipper and

credit the invoice of Releasing Shipper an amount equal to

the reservation charges and surcharges for the released

capacity; provided, however, that in the event Replacement

Shipper fails to pay Pipeline for any part of the amount

credited to Releasing Shipper’s invoice, Pipeline will,

after it exhausts any collateral it has obtained from

Replacement Shipper, reverse such credit in a subsequent

invoice up to the unpaid amount plus applicable carrying

charges.

(b) Pipeline will bill Replacement Shipper for the reservation

charges and surcharges that Replacement Shipper agreed to

pay in a capacity release transaction and for all usage and

other charges, surcharges, and penalties that are

attributable to capacity acquired by Replacement Shipper.

to invoice an agreed on amount to Releasing Shipper when

Pipeline, at the request of Releasing Shipper, takes action

beyond posting the capacity release offer on the Internet

Website and in fact locates a Replacement Shipper.

Pipeline will not be compensated if it does not thus locate

a Replacement Shipper, such as when Releasing Shipper has a

prearranged transaction or when a Replacement Shipper

accepts a posted Releasing Shipper’s offer without Pipeline

actively marketing that released capacity.