Equitrans, L. P.
Original Volume No. 1
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Effective Date: 11/19/1998, Docket: CP96-532-001, Status: Effective
Original Sheet No. 290 Original Sheet No. 290 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
27. RECOVERY OF TRANSITION COSTS
27.1 Purpose. This Section sets forth the mechanisms for recovery
by Equitrans from its Customers of two types of transition
costs associated with Account No. 191 and Stranded Facilities
Costs. This Section shall be effective until such time as
Equitrans has recovered all of its transition costs as detailed
herein.
27.2 Costs Associated with Account No. 191.
a. On the effective date of this Section, Equitrans will terminate
its PGA, and the net balance remaining in its Account No. 191
will be recovered or refunded in accordance with the following
procedures:
(i) From the date of termination of its PGA, Equitrans shall
have nine (9) months to undertake final accounting with
its suppliers, resolve all billing disputes including
out-of-period adjustments, and clear up outstanding
bills.
(ii) At any time during the nine months after termination
of its PGA, Equitrans may make one or more limited
filings, with the Commission, under Section 4 of the
Natural Gas Act, to begin collecting or refunding its
outstanding Account No. 191 balance. These filings
shall be based on Equitrans' last filed PGA, will
reflect adjustments to the PGA, and will contain working
papers supporting the costs shown. Any underrecoveries
in its Account No. 191 which Equitrans does not seek to
recover within the nine month period shall not be
recoverable. However, all refunds received will be
credited to Customers, even if received after the nine
month period.
(iii) If Equitrans' net balance in its Account No. 191 is a
debit balance at the end of the nine month period, such
debit balance shall be recovered through a direct bill
to Equitrans' former sales Customers. The portion of
the balance classified as demand shall be allocated
based on each Customer's demand entitlements on the day