Equitrans, L. P.
Original Volume No. 1
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Effective Date: 11/01/2000, Docket: RP01- 37-002, Status: Effective
Substitute Original Sheet No. 255 Substitute Original Sheet No. 255 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
a. Imbalances under a Customer's different Service Agreements
will be netted together to obtain the Customer's Total
Monthly Imbalance ("TMI"). The TMI will be shown with the
monthly billings sent to Customers. To facilitate the
trading or offsetting of a Customer's TMI, Equitrans will
post on its electronic bulletin board, on or before the ninth
business day of the month, the TMI of any Customer that has
not notified Equitrans in writing that the Customer does not
elect to have that information posted. Customers or their
agents may then trade offsetting imbalances to Equitrans with
Customers or their agents until the close of business on the
seventeenth business day of the month ("Trading Period").
Parties that agree to trade all or part of an imbalance must
notify Equitrans in writing on or before the seventeenth
business day of the month through submission of an Imbalance
Trade Confirmation form; otherwise, such trade shall not be
effective. Upon receipt of an Imbalance Trade Confirmation,
Equitrans will send an Imbalance Trade Notification to the
trading parties by noon CCT the next business day. Any
Customer imbalance remaining after the Trading Period may be
subject to a penalty.
b. The netting of imbalances does not relieve Customer of the
obligation to pay all transportation charges for the quantity
of gas actually delivered to Customer during the month.