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.