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.