Dominion Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 01/01/2002, Docket: RP02- 57-000, Status: Effective
Second Revised Sheet No. 1117 Second Revised Sheet No. 1117 : Effective
Superseding: First Revised Sheet No. 1117
GENERAL TERMS AND CONDITIONS
15.5 Unrecovered Transportation Cost Surcharges.
A. Each November 1, Pipeline shall adjust its rates
either positively or negatively to include a surcharge
to recover or return the balance in the Transportation
Cost Account, a Subaccount of Account Nos. 186 and 254
as of the preceding June 30. Separate surcharges shall
be determined for each service and rate component.
Subject to the adjustment described below in this
Section 15.5, such surcharges shall be determined for
each rate component of each of the Applicable Rate
Schedules by dividing the balance in the applicable
Account Nos. 186 and 254 subaccounts as of the
preceding June 30 by the Rate Determinants.
B. Pipeline will calculate the
difference between "Actual Transportation Costs" and "Current
Transportation Costs." "Actual Transportation Costs" shall
include: [i] all costs of transactions identified in General
Terms and Conditions Section 15.7 or successor transactions;
[ii] reduced by any refunds of Account No. 858 costs received
for services rendered after January 31, 2000 consistent with the
cost responsibility of DTI and its customers during the refund
period; and [iii] further reduced by revenues received as a
result of Account No. 858 transportation capacity released. For
the purposes of determining Pipeline's costs incurred pursuant
to its Account No. 858 transactions with Tennessee Gas Pipeline
Company ("Tennessee") that are described in the RP00-15
Settlement, the monthly fuel retained by Tennessee shall
be valued using the Valuation Method defined in Section
C. If Actual Transportation Costs are less than Current
Transportation Costs, then fifty percent of any amount by
which Actual Transportation Costs are less than Current
Transportation Costs shall be returned to customers as
an adjustment to the Pipeline's Unrecovered Transportation
D. If Actual Transportation Costs exceed Current Transportation
Costs, Pipeline shall not include any amount by which Actual
Transportation Costs exceed Current Transportation Costs in
Pipeline's Unrecovered Transportation Cost Surcharge.
E. As used herein, the "Valuation Method" shall mean the arithmetic
average of the prices for Dominion North and South published in
Natural Gas Week on the table entitled "Spot Prices on Interstate
Pipeline Systems" in the column containing bid-week pricing for
the applicable month, or if this published price is not available,
an equivalent measure.
F. Revenue credits as valued pursuant to Sections 29.2 and 35.3.D.2
of these General Terms and Section 10.1.C. of Rate Schedule MCS
shall be returned to customers as an adjustment to the Pipeline's
Unrecovered Transportation Cost Surcharge.