Equitrans, L. P.

Original Volume No. 1

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Effective Date: 07/01/2009, Docket: RP09-628-000, Status: Effective

Second Revised Sheet No. 315 Second Revised Sheet No. 315

Superseding: First Revised Sheet No. 315

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

39. THIRD-PARTY CAPACITY

 

Equitrans, from time to time, may contract in its own name to acquire

and utilize capacity on a third-party system. Any services provided to

Customers using such capacity shall be provided pursuant and subject to

the applicable provisions of Equitrans' tariff, including the

applicable rates, as on file and in effect from time-to-time. The

"shipper must have title" policy is waived to permit Equitrans to

utilize such capacity to provide services to its Customers.

 

40. ELECTRIC POWER COST TRACKER (EPCT)

 

40.1 Purpose. This Section provides for the recovery of electric power

costs incurred by Equitrans for compression of natural gas and

company use and operations on its Big Sandy Pipeline (Electric

Power Costs). Equitrans shall recover Electric Power Costs,

including carrying charges calculated under Section 154.501 or

successor provisions of the Commission's regulations, by means of

a Transportation EPCT rate. The EPCT rate shall be applicable to

shippers on the Equitrans' Big Sandy Pipeline under Rate Schedules

FTS and ITS. The EPCT rate will be calculated in accordance with

Section 40.3 below.

 

40.2 EPCT Filings. Annually, or at such other times as Equitrans in

its reasonable discretion determines necessary, may adjust the

EPCT rate to take into account both prospective changes in

Electric Power Costs and unrecovered Electric Power Costs from the

proceeding period as described in Section 40.3 below. That

adjustment shall be effected by Equitrans making an Electronic

Power Cost Tracker filing with the Commission (i) annually on or

before July 1 to become effective August 1 (Annual EPCT Filing)

and (ii) at such other times as Equitrans in its reasonable

discretion determines necessary to become effective 30 days after

filing (Periodic EPCT Filing).

 

40.3 Calculation of EPCT Rate. In each Annual or Periodic filing,

Equitrans shall calculate the EPCT Rate using the following

methodology:

 

(a) Equitrans will estimate Electric Power Costs required for the

prospective 12 months ("Prospective Electric Power Costs ").

 

(b) Equitrans will separately adjust the Prospective Electric

Power Costs upward or downward if and to the extent that

Equitrans under-recovered or over-recovered Electric Power

Costs during the prior 12 month period. Equitrans will

determine the existence and amount of such under-recovery or

over-recovery by determining the EPCT revenues received from

Customers, during the prior 12 month period and subtracting

the actual Electric Power Costs incurred by Equitrans during

the prior 12 month period. The remaining over recovered or

under recovered dollars, if any, will be subtracted from or

added to the Prospective Electric Power Costs.

 

(c) Equitrans will determine the EPCT rate by dividing the

adjusted Prospective Electric Power Costs by the total

throughput quantities estimated to flow during the

prospective 12 months period.