Equitrans, L. P.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/16/2010, Docket: RP10-616-000, Status: Effective
Second Revised Sheet No. 312 Second Revised Sheet No. 312
Superseding: First Revised Sheet No. 312
GENERAL TERMS AND CONDITIONS (Continued)
b. The sum of the SCT Pre-Tax Return Amount, the depreciation
expense, and any overcollection or undercollection from the prior
period shall be divided by the sum of (i) the actual throughput
under Rate Schedules FTS, STS-1, and ITS, adjusted for any known
and measurable changes, and (ii) any point-to-point throughput
under Rate Schedule NOFT, for the 12-month period ending December
31st to derive the SCT surcharge to become effective on April 1st
of the following year.
c. Equitrans shall make annual filings accompanied by any requisite
tariff sections and/or Statement of Rates, to become effective on
April 1st of each year for the purpose of recalculating the SCT
37.5 Effect of Discounting. With regard to transportation services which are
discounted by Equitrans, the SCT surcharge will be considered as being
discounted second, after the PSCT surcharge, before other items included
in the maximum rate levels are impacted.
37.6 The SCT surcharge shall not include capital additions made in the
ordinary course of business not intended to secure Equitrans'
infrastructure from damage from future events as described in Section
37.1 above. Examples of costs that are ineligible for recovery under
this Section 37 include, but are not limited to, scheduled pipeline
replacement initiatives, non-security related investment required by the
Pipeline Safety Improvement Act of 2002 and expansions undertaken at the
request of specific customers.
37.7 At the time Equitrans files any new base rate case under Section 4 of
the Natural Gas Act, or any time an investigation into Equitrans' base
rates is initiated under Section 5 of the Natural Gas Act, all
investment, associated depreciation, depreciation expense and deferred
income taxes included in the calculation of the surcharge as described
in Section 37.4a shall be rolled into base rates. Such rates shall be
effective as of the effective date of the rates approved in either of
such proceedings. Any historic over or under collections shall be
refunded or collected over the following one year period.
37.8 This Section 37 shall be of no further effect for any cost incurrence
period beginning after December 31, 2009. Equitrans may file a request
with the Commission to seek to continue this surcharge recovery
mechanism in effect for cost incurrence periods beyond December 31,
2009, and all parties reserve all rights to protest any such filing.
Unless the Commission approves any such extension filing this provision
shall be of no further force or effect with respect to any security-
related costs incurred after December 31, 2009. Any historic over or
under collections shall be refunded or collected over the following one