Dominion Cove Point LNG, LP

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-293-000, Status: Effective

Fourth Revised Sheet No. 72 Fourth Revised Sheet No. 72

Superseding: Third Revised Sheet No. 72

 

RATE SCHEDULES FPS-1, FPS-2, FPS-3

10-Day, 5-Day, 3-Day Firm Peaking Service

(Continued)

 

 

4. RATE

 

(a) All charges for firm peaking service shall be set forth in the Currently Effective

Rate Sheet of this Tariff.

 

(b) For all firm peaking service rendered under this Rate Schedule, Buyer shall pay

Operator each month the charges set forth below:

 

(1) Reservation Charge: The Maximum Reservation Charge for the prior month. The

Monthly Reservation Charge shall be assessed on each Dth of MDPQ specified in

the Buyer's Service Agreement.

 

(2) Commodity Charge: The maximum Commodity Charge per Dth of Natural Gas

delivered during the prior month to or for the account of Buyer under this

Rate Schedule.

 

(3) Retainage: In addition to the charges set forth in Paragraph (a) above,

Operator shall retain quantities-in-kind of Natural Gas as compensation for

fuel used in plant operations (including fuel for liquefaction) and lost and

unaccounted for quantities, such quantities being referred to herein as

"Retainage." The Retainage quantities-in-kind, expressed as a percentage of

Natural Gas or LNG receipts shall be those specified in the Currently

Effective Rate Sheet of this Tariff as subsequently adjusted in accordance

with the General Terms and Conditions of this Tariff. In no event shall the

total Retainage during a Contract Year exceed twenty and one half percent

(20.5%) of Buyer's MCPQ. Operator shall adjust the Retainage percentage as

described in the General Terms and Conditions.

 

(4) Surcharges: The surcharges applicable to this Rate Schedule.

 

(5) Regulatory Fees: Buyer shall pay Operator in advance all fees required by

the Commission or any regulatory body having jurisdiction related to this

Service provided to Buyer under this Rate Schedule including, but not limited

to, filing, reporting and application fees.

 

(c) Notwithstanding the general provisions of this section, if Operator and Buyer

mutually agree to negotiate rates for service hereunder, such negotiated rates shall

apply in lieu of the otherwise applicable charges, identified herein, subject to any

required regulatory approval.