Dominion Cove Point LNG, LP
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
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.