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.