El Paso Natural Gas Company
Second Revised Volume No. 1A
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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective
First Revised Sheet No. 325 First Revised Sheet No. 325
TRANSPORTATION GENERAL TERMS AND CONDITIONS
15. REVENUE SHARING MECHANISM
(c) The lesser of the revenues computed pursuant to Sections
15.3(a) and 15.3(b) will be multiplied by 75% and that
product will be credited to Shippers. Transporter shall
retain the remaining 25%. If there is no revenue
resulting from the computation pursuant to Section
15.3(a), no credit will be issued.
(d) Revenue crediting will occur in March of each year and
shall be allocated among all Shippers pro rata based on
the Total Jurisdictional Revenues received from each such
Shipper in relation to the Total Jurisdictional Revenues
received from all Shippers.
15.4 If Transporter provides revenue sharing credits for a yearly
period, it will file a refund report with FERC detailing the
applicable revenue sharing activity no later than June 1 of the
15.5 This Section 15 shall terminate upon the effectiveness of any
general system-wide rate case filed after January 1, 2009.