Equitrans, L. P.

Original Volume No. 1

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Effective Date: 08/01/2005, Docket: RP04- 97-000, Status: Effective

Third Revised Sheet No. 286 Third Revised Sheet No. 286 : Superseded

Superseding: Second Revised Sheet No. 286

GENERAL TERMS AND CONDITIONS (Continued)

 

25. DISCOUNTING

 

25.1 Discount Policy. Equitrans may elect at its discretion to discount

the maximum rate(s) applicable to transportation or storage service

for any Customer subject to the limitation that such discounted

rate(s) shall not be less than the minimum rate(s) for the

applicable service as set forth in Equitrans' FERC Gas Tariff as

may be changed from time to time. Any rate discount provided to

any Customer shall be applied to the components of the rate in the

following order: (1) GRI surcharge; (2) SCT surcharge; (3) base

tariff rate(s) for the applicable service including retainage; and

(4) applicable surcharges under Section 27 of the General Terms and

Conditions. If the discounted rate(s) charged to a Customer exceed

the rate(s) approved by the Commission, any required refunds shall

be based on the amount by which the rate actually collected exceeds

the rate approved by the Commission.

 

25.2 Use of Discounts at Alternative Point(s): A firm Customer, which

has been granted a discounted rate by Equitrans, that seeks to use

an alternative Receipt or Delivery Point(s) (whether through

segmentation, capacity release, or its own exercise of Secondary

Receipt and Delivery Point(s) rights) can continue to receive a

discounted rate at such alternate point only if Equitrans has

granted a discount to any similarly situated transaction at the

alternate point(s). The rate to be paid at such alternate point(s)

shall be the higher of the Customer's current discounted rate or

the discounted rate being offered to any similarly situated

transaction at the alternate point(s).

 

The Customer may request a discount at an alternative point at any

time. Equitrans shall process such request for discount at an

alternative point(s) within two (2) hours of the time such request

is submitted. Provided, however, if such request is received by

Equitrans after 4:00 p.m., Equitrans shall process such request by

8:30 a.m. the next business day. No requests for discount at

alternative point(s) will be processed on non-business days.