Dominion Cove Point LNG, LP

Original Volume No. 1

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Effective Date: 05/01/2003, Docket: RP03-341-000, Status: Effective

Original Sheet No. 276 Original Sheet No. 276 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

23. ANNUAL CHARGE ADJUSTMENT

 

(a) Purpose. For the purpose of funding of the Federal Energy Regulatory Commission's

costs incurred in any fiscal year, this Section 23 establishes an annual charge

adjustment applicable to the Operator's transportation rate schedules.

 

(b) Basis of the Annual Charge Adjustment. The rate schedules specified herein shall

include an increment for an Annual Charge Adjustment ("ACA") for Federal Energy

Regulatory Commission costs. Such adjustment shall be the ACA unit charge, adjusted

to Operator's pressure base and heating value, if required, which is specified by the

Federal Energy Regulatory Commission each year to recover its costs for its previous

fiscal year. The ACA shall be reflected on the Currently Effective Rate Sheets of

this Tariff, and shall be charged only once for the same volume of gas. By electing

the FERC ACA unit charge method of recovery, Operator hereby acknowledges its intent

not to recover any annual charges in any general rate proceeding filed under Section

4(e) of the Natural Gas Act.

 

(c) Filing Procedure. The initial ACA or any subsequent changes in such assessment charge

shall be filed by the Operator at least thirty (30) days prior to the proposed

effective date, unless, for good cause shown, a lesser notice period and different

effective date is allowed by valid Commission order. The proposed effective date of

filings shall be October 1 of each calendar year.