El Paso Natural Gas Company
First Revised Volume No. 1-A
Contents / Previous / Next / Main Tariff Index
Effective Date: 01/01/1994, Docket: RP94- 61-000, Status: Effective
First Revised Sheet No. 299D First Revised Sheet No. 299D : Superseded
Superseding: Original Sheet No. 299D
GENERAL TERMS AND CONDITIONS
31. WASHINGTON RANCH FACILITY STRANDED INVESTMENT COST RECOVERY
31.3 Definitions (Continued)
Amortized Amounts are the total estimated stranded
investment costs, less previously amortized amounts
divided by the number of months remaining in the Amortiza-
tion Period, plus interest for the applicable Recovery
Period. The Monthly Amortized Amounts shall be in effect
until adjusted in accordance with Section 31.4(b).
(c) Reservation Surcharge - A reservation surcharge rate
shall be determined as set forth in Section 31.4(a)
below. The Reservation Surcharge shall be selectively
adjusted by El Paso; provided, however, that such
adjusted Reservation Surcharge shall not exceed the
applicable Maximum Rate nor shall it be less than the
Minimum Rate in effect from time to time.
(d) Billing Determinants - The Billing Determinants under-
lying the rates at Docket No. RS92-60-000, et al.,
"Prospective Period," and identified on Statement of
Rates Sheet Nos. 25 and 26 of this FERC Gas Tariff shall
apply to those firm forward haul Shippers of El Paso for
the purpose of this Section.
(e) Monthly Billed Amount - The monthly amount billed each
Shipper as reflected on Statement of Rates Sheet Nos. 24
and 25 of the FERC Gas Tariff as described in Section
31.4(b) below shall be the Reservation Surcharge
multiplied by the Billing Determinant.
(f) Interest Rate - The quarterly interest rate published by
the Commission and computed in accordance with Section
154.67(c)(2)(iii) of the Commission's Regulations.
31.4 Determination of the Reservation Surcharge and Monthly
Amortized Amount - El Paso shall determine the Reservation
Surcharge and Monthly Amortization by the following procedures:
(a) The Reservation Surcharge rate(s) shall be determined
utilizing the total Monthly Amortized Amount within each
rate zone divided by the total of the Billing Determi-
nants for that zone, and is reflected on the Statement of
Rates Sheet contained in this Volume No. 1-A Tariff.