Carolina Gas Transmission Corporation

Original Volume No. 1

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

First Revised Sheet No. 186 First Revised Sheet No. 186 : Effective

Superseding: Original Sheet No. 186

21.3 Adjustments. Prior period adjustment time limits shall be six

(6) months from the date of the initial invoice, with a three (3)

month rebuttal period, excluding government required rate

changes. Such time limits shall not apply in the case of

deliberate omission or misrepresentation or mutual mistake of

fact. Parties’ other statutory or contractual rights otherwise

shall not be affected. If it is found that Shipper has been

overcharged or undercharged, and Shipper paid the invoices

containing such overcharge or undercharge, then within 30 days

after final determination thereof, Pipeline shall refund the

amount of any such overcharge with interest at the rate in 18

C.F.R. § 154.501(d) from the time such overcharge was paid to the

date of refund. Shipper shall pay the amount of any undercharge

within 30 days after final determination thereof, but without

interest. Prior period adjustments shall not result in any

additional penalty to Shipper. Any imbalance resulting from such

adjustment shall be cashed out at the Median Price for the Month

to which the adjustment applies or the Median Price for the Month

in which the adjustment is made, whichever is more advantageous

to Shipper.

21.4 Supporting Data. On request, Pipeline and Shipper each shall

make available for inspection by the other such pertinent records

and charts as necessary to verify the accuracy of any statement,

chart, or computation made by either of them under any of the

provisions of this Section 21, of the applicable rate schedule,

or of the Service Agreement.

21.5 Payment.

(a) Shipper’s payment shall be timely if Shipper pays Pipeline

for the invoiced amounts by electronic bank transfer (i.e.,

wire transfer, ACH transfer, or other mutually acceptable

transfer method) on or before the later of: (i) 11 days

after the invoice is rendered; or (ii) the 15th day of the

month. If the invoice does not exceed $50,000, Shipper may

pay on a timely basis by check received at the return

address on Pipeline’s invoice on or before the later of:

(i) 11 days after the invoice is rendered; or (ii) the 15th

day of the month. If the invoice exceeds $50,000, Shipper

may pay on a timely basis by check received at the return

address on Pipeline's invoice in sufficient time to permit

the transfer of funds to Pipeline's account on or before

the later of: (i) 11 days after the invoice is rendered; or

(ii) the 15th day of the month. If the later of the 11th

day after the invoice is rendered or 15th day of the month

is not a Business Day, payment is timely if made the

following Business Day.

(b) All payments made by Shipper shall include Pipeline’s

invoice number(s) to match Shipper’s payment to the

invoice.