Dominion Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 08/10/2002, Docket: RP02-388-000, Status: Effective

Second Revised Sheet No. 1114 Second Revised Sheet No. 1114 : Effective

Superseding: First Revised Sheet No. 1114

GENERAL TERMS AND CONDITIONS

TCRA

15.4 Unrecovered Transportation Cost Account.

A. Pipeline shall maintain an Unrecovered

Transportation Cost Account for the collection of

Costs under the Applicable Rate Schedules as a

Subaccount to Account No. 186. This account shall be

segregated between services (total transportation,

firm transportation only, GSS-TETCO, and storage) and

between rate components. The Unrecovered

Transportation Cost Account shall be (a) debited by

Pipeline's Current Transportation Costs as set forth

in Section 15.3.A;, and (b) credited by the revenues

received attributable to Transportation Costs

reflected in Pipeline's rates. Such credits shall be

determined by multiplying (i) the actual Reservation

and Usage billing units under the Applicable Rate

Schedules for the billing month by (ii) the Current

Transportation Rate, as determined in accordance with

Section 15.3; Further, Pipeline will credit the

Unrecovered Transportation Cost Account as described

in Section 15.5.

B. All Transportation Cost refunds applicable to

services performed for Pipeline prior to February 1,

2000, surcharges, and out-of-period adjustments

(collectively, "adjustments") received by Pipeline,

applicable to services performed for Pipeline during

the period this Section 15 remains effective, shall

be debited or credited to the appropriate subaccount.

All Transportation Cost refunds received by Pipeline

applicable to services performed after January 31,

2000 will be credited as described in Section 15.5.

1. Pipeline will maintain a refund subaccount

of Account No. 186 for each service as specified

in Section 15.4.A. If, at month's end, the

refund subaccounts have a credit balance of $2

million or more, a refund will be made in

accordance with Section 15.4.G., below.

2. Pipeline will also maintain a refund subaccount

in the Transportation Cost subaccount of Account

No. 186, which shall consist of any cumulative

proceeds from the sale of gathering or products

extraction facilities, or from sales of base gas

during the Settlement Period established in Docket

Nos. RP97-406, et al., in excess of aggregate net

book value, up to the then-cumulative level of

facility costs that Pipeline has recovered from its