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. 281 Original Sheet No. 281 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

27. Transmission Electric Power Costs Adjustment Provision (continued)

 

 

 

27.4 Determination of the Current Transmission Electric Power Costs

 

Operator shall determine the Current Transmission Electric Power Rates for each

Transmission Electric Power Annual Period by the following procedures:

 

(a) The Estimated Transmission Electric Power Costs shall be summed with the balance

accumulated at the end of the Deferral Period in the Transmission Electric Power

Deferred Account as determined in accordance with Section 27.5(a) below.

(b) The amounts determined in Section 27.4(a) above will be divided by the Estimated

Contract Demand determinants or Estimated Commodity Volume Quantity determinants,

as appropriate.

 

27.5 Transmission Electric Power Deferred Account (Account)

 

Operator shall maintain the Account for each Deferral Period in accordance with the

following procedures:

 

(a) Operator shall determine each month the Actual Transmission Electric Power demand

and commodity costs.

(b) Operator shall determine each month the actual recovery of Transmission Electric

Power Costs by multiplying, as applicable, Operator's actual demand and commodity

determinant by the Current Transmission Electric Power rate(s).

(c) Each month, Operator shall determine the difference, positive or negative, between

the amount computed in Section 27.5(a) and 27.5(b) above and record such difference

in a sub-account of Account No. 186 of the Uniform System of Accounts which

Operator shall designate as a Transmission Electric Power Deferred Account.

Interest shall be computed on the balance in Operator's Transmission Electric Power

Deferred Account, positive or negative, based on the method prescribed in Section

154.501(d)(1) of the Commission's Regulations.