Equitrans, L. P.
Original Volume No. 1
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Effective Date: 11/01/2002, Docket: RP00-462-002, Status: Effective
Second Revised Sheet No. 253 Second Revised Sheet No. 253 : Effective
Superseding: First Revised Sheet No. 253
GENERAL TERMS AND CONDITIONS (Continued)
Agreement by the ninth business day following the
close of each month If the imbalance exceeds the
allowable tolerance of four percent (4%)calculated
by dividing the excess quantities over the total
quantities for the month, Equitrans will include in
the Customer's invoice, an imbalance charge for the
prior month calculated by multiplying the total
excess quantities by an imbalance penalty of
$10/Dth. The penalty will only be assessed against
the portion of the imbalance which exceeds the 4%
tolerance, and after paying the penalty on the
excess imbalance, the Customer is permitted to carry
forward the portion of the imbalance within the
tolerance level for resolution in the subsequent
month.
(ii) If the imbalance existing at the end of the month is
within the 4% tolerance, the imbalance will not be
subject to penalty, and instead will be carried
forward into the following month for in-kind
resolution through the Customer's adjustment of its
nominations in the subsequent month.
(iii) No imbalance penalty will be assessed against
Customers for imbalances which are the result of
force majeure, compliance with operational flow
orders or other operational conditions caused
solely by Equitrans. No imbalance penalty will be
assessed when a prior period adjustment applied to
the current period causes or increases a current
month penalty.
(vi) Equitrans will determine monthly imbalances on
the basis of the Customer's Service Agreements
and the trading of any imbalances pursuant to
Section 12.8a. When a single Customer has
multiple firm or multiple interruptible Service
Agreements and imbalances exist under one or
more of those Service Agreements for the month
served, Equitrans will net the offsetting