Southeast Supply Header, LLC
Original Volume No. 1
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Effective Date: 06/28/2010, Docket: RP10-783-000, Status: Effective
First Revised Sheet No. 277 First Revised Sheet No. 277
Superseding: Original Sheet No. 277
GENERAL TERMS AND CONDITIONS
(CONTINUED)
22. PERIODIC RATE ADJUSTMENTS (continued)
22.3 System Balancing Adjustment. (continued)
(b) The net SBA balance determined in Section 22.3(a), through
January 31 of the year in which the filing pursuant to
Section 22.3(c) is made will be refunded or recovered from
Shipper pursuant to the procedures in this Section 22.3.
Upon determining the net SBA balance at the end of the
accumulation period, Transporter shall calculate surcharges
or refunds designed to allocate such balance to Shippers
based upon each Shipper's actual throughput during the
twelve-month accumulation period. A Shipper's net debit or
credit for the accumulation period shall be due and payable
sixty (60) Days after the Commission's acceptance of the
filing pursuant to Section 22.3(c). Notwithstanding the
immediately preceding sentence, if the net SBA balance
results in a surcharge/debit, each Shipper who is allocated
a surcharge/debit shall have the right by providing notice
to Transporter within the sixty (60)-Day period to elect to
pay the surcharge/debit ratably over the twelve (12)-Month
period, commencing with the first Day of the first calendar
month following the last Day of the sixty (60)-Day period,
with interest calculated for each payment from the end of
the sixty (60)-Day period until the payment is made (at the
rate set forth in Section 154.501(d) of the Commission's
regulations).
(c) Transporter shall file on May 1 of each year and each year
thereafter, to establish the SBA refund or surcharge
determined pursuant to the procedures in this Section 22.3.