Dominion Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 09/23/2000, Docket: RP00-555-000, Status: Effective

Original Sheet No. 1105 Original Sheet No. 1105 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

Take-or-Pay Recovery

 

Pipeline shall recover Customer's underpayment by

including in Customer's monthly invoices equal

monthly charges over the same number of months that

the pipeline supplier collects take-or-pay costs

from its customers under the pipeline supplier's

new allocation methodology

 

12.2 Direct Producer Take-or-Pay Billings.

 

Pipeline shall recover from Customers take-or-pay,

take-and-pay and contract reformation buyout and buydown

costs, pursuant to the recovery mechanisms established

by the Commission in Order No. 500 and its progeny,

hereinafter referred to jointly as "take-or-pay costs",

paid or incurred by Pipeline or paid pursuant to a

commitment to pay made by Pipeline to its non-affiliated

producer suppliers.

 

A. Directly Billed Take-or-Pay Costs. Twenty-five

percent of all take-or-pay costs paid or incurred

by Pipeline will be recovered from Customers

through a bill to be rendered monthly to Customers

formerly served under Pipeline's firm sales rate

schedules.

 

1. Allocation Methodology. Take-or-pay costs

billed pursuant to this Section 12.2.A. will

be allocated to Customers in accordance with

Appendix B of the RP88-217 Settlement.

 

2. Amortization Period. Customer shall, at its

option: (1) remit its total allocated

principal amount to Pipeline within 10 days of

receipt of initial invoice; (2) pay the total

allocated principal amount, including

interest, over a 36-month amortization period;

or (3) prepay the unpaid total allocated

principal amount, including accrued interest,

at any time during the amortization period.