Granite State Gas Transmission, Inc.

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/07/2020, Docket: RS93- 1-001, Status: Accepted

Original Sheet No. 236 Original Sheet No. 236 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

19. FLOW THROUGH OF FIXED TAKE-OR-PAY DEMAND CHARGES FROM TENNES-

SEE GAS PIPELINE COMPANY (continued)

 

19.6 Establishment of Take-or-Pay Account (continued)

 

For each month or portion of a month during the period

this Article 19 is in effect, each Shipper's subaccount

balance in the Take-or-Pay account shall be (i) in-

creased by any additional Take-or-Pay charges assessed

Transporter by Tennessee in the month multiplied by the

Shipper's allocation percentage, (ii) decreased by

amounts recovered in the month by Transporter from the

Shipper through the Take-or-Pay Demand Charge, and (iii)

increased or decreased, as applicable, by the amount of

carrying charges calculated utilizing an annual interest

rate specified in Section 154.67(c)(2)(iii)(A) of the

FERC's Regulations.

 

19.7 Take-or-Pay Demand Charge

 

For each surcharge paid, Transporter shall determine the

Take-or-Pay Demand Charge for each month for each Ship-

per by adding:

 

(i) the fixed monthly amounts determined by calculat-

ing an annuity for a 24-month amortization period

utilizing the applicable annual interest rate

specified in Section 154.67(c)(2)(iii)(A) of the

FERC's Regulations at the time of filing and the

balance as of May 31 adjusted for carrying charges

calculated through June 30, or November 30 adjust-

ed for carrying charges calculated through Decem-

ber 31, as applicable, in the Shipper's Take-or-

Pay subaccount related to Take-or-Pay Costs not

reflected in previous Take-or-Pay Cost Demand

charge calculations, and