Dominion Cove Point LNG, LP
Original Volume No. 1
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Effective Date: 05/01/2005, Docket: RP05-270-000, Status: Effective
Original Sheet No. 280 Original Sheet No. 280 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
27. Transmission Electric Power Costs Adjustment Provision
27.1 General
This section of the General Terms and Conditions sets forth the procedures pursuant to
which Operator will collect from Buyers amounts paid by Operator for the transmission
electric power costs used at Operator's electric powered compressor station located at
Pleasant Valley, Virginia.
27.2 Conditions
(a) The Transmission Electric Power Cost rates set forth in Dominion Cove Point's
Volume No. 1 Tariff may be increased to reflect a net positive change in
Transmission Electric Power rates and shall be decreased to reflect a net negative
change in Transmission Electric Power rates.
(b) Operator shall file with the Federal Energy Regulatory Commission to reflect net
changes in the Transmission Electric Power rates at least 30 days prior to each
April 1, which is the beginning date for the Transmission Electric Power Annual
Period.
27.3 Definitions
(a) Cove Point East Buyer - A Buyer taking service from Operator under a firm service
agreement executed in connection with Operator's Cove Point East Project, as an
original Buyer, a successor to such a Buyer or as an Assignee of such a Buyer.
(b) Transmission Electric Power Annual Period - The annual period beginning April 1 and
each annual period thereafter (except for the initial annual period which shall be
the annual period beginning with the in-service date of the Cove Point East
Project).
(c) Actual Transmission Electric Power Costs - The cost incurred by Operator for
transmission electric power used at Operator's electric powered compressor station
located at Pleasant Valley, Virginia. Operator shall classify the Actual
Transmission Electric Power Costs between demand and commodity on an
as-billed basis. Such actual cost shall include all charges attributable to any
period encompassed by the effectiveness of this Section 27, including all refunds,
surcharges, billing adjustments and interest, positive or negative.
(d) Estimated Transmission Electric Power Costs - The projected Transmission Electric
Power Costs for the Transmission Electric Power Annual Period.
(e) Estimated Contract Demand - The projected annual contract demand attributable to
services provided by Operator to Cove Point East Buyers to which Operator
allocates or assigns transmission electric power cost.
(f) Estimated Commodity Volume Quantity - The projected annual commodity determinants
attributable to services provided by Operator to Buyers transporting Natural Gas
from west to east on Operator's system to which Operator allocates or assigns
transmission electric power costs, which costs are collected through the commodity
or volumetric rate component of such services.
(g) Deferral Period - The period of 12 months (except for the initial deferral period
which shall be based on the in-service date of the Cove Point East Project) ending
3 months prior to the effective date of a change in rates filed pursuant to this
Section 27.