Equitrans, L. P.
Original Volume No. 1
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Effective Date: 05/16/2010, Docket: RP10-616-000, Status: Effective
Third Revised Sheet No. 80 Third Revised Sheet No. 80
Superseding: Second Revised Sheet No. 80
RATE SCHEDULE LPS
LENDING AND PARKING SERVICE (Continued)
3. RATE
3.1 The charges to be paid by Customer shall be no higher than the
maximum rate and no lower than the applicable minimum rate as
set forth on Statement of Rates for Rate Schedule LPS of this Tariff.
The Customer shall pay Equitrans each month based on the following
charges:
(a) Daily Lending and Parking Charge - A charge per Dth for gas
loaned or parked at each point of service to be applied
on each Day that service is provided.
3.2 Customer shall deliver to Equitrans, the quantity of gas specified
for storage loss associated with this Rate Schedule. The quantity
of gas retained by Equitrans for storage loss shall be equal to the
quantity of gas loaned or parked for Customer's account multiplied by
the Storage Loss Retainage Factor set forth on Statement of Retainage
Factors of this Tariff; provided, however that Equitrans will not
retain gas for storage loss in those instances where the transaction
does not cause Equitrans to utilize storage.
3.3 Notwithstanding the provisions of Section 3.1 and 3.2 above, if
Equitrans and Customer mutually agree to negotiated rates for service
hereunder such negotiated rates shall apply in lieu of the otherwise
applicable charges.
4. MINIMUM BILL
None.
5. NOMINATING AND SCHEDULING
5.1 For any Day when Customer desires Equitrans to loan or park gas for
Customer's account under this Rate Schedule, Customer shall nominate
to Equitrans in accordance with Section 8 of the General Terms and
Conditions of this Tariff, specifying the quantity of gas that
Customer desires Equitrans to loan or park on such Day. When
Customer's nominations are confirmed and scheduled as required by the
General Terms and Conditions of this Tariff, Equitrans shall receive
for Customer's account on such Day the quantity of gas so nominated,
subject to the limitations set forth in this Rate Schedule.
5.2 For any Day when Customer desires the return of quantities of loaned
or parked gas for Customer's account under this Rate Schedule,