Granite State Gas Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 05/07/2020, Docket: RS93- 1-001, Status: Accepted
Original Sheet No. 237 Original Sheet No. 237 : Effective
GENERAL TERMS AND CONDITIONS
19. FLOW THROUGH OF FIXED TAKE-OR-PAY DEMAND CHARGES FROM TENNES-
SEE GAS PIPELINE COMPANY (continued)
19.7 Take-or-Pay Demand Charge (continued)
(ii) monthly amounts resulting from the continued amor-
tization of the amounts in Shipper's Take-or-Pay
subaccount related to Take-or-Pay Cost reflected
in previous filings which monthly amounts shall be
recomputed each May 31 or November 30 to recover
those previous balances over the remainder of
their respective amortization periods using an an-
nuity method based on the applicable annual inter-
est rate specified in Section 154.67(c)(2)(iii)(A)
of the FERC's Regulations at the time of filing.
In the last month of any 24-month amortization period,
Transporter shall bill or refund to Shipper a lump sum
payment equal to the outstanding balance in Shipper's
Take-or-Pay subaccount attributable to the amounts that
Transporter commenced collecting from Shipper during
such amortization period, including carrying charges
calculated pursuant to Subsection 19.6.
Transporter shall flow through to Shipper its allocated
share of any lump sum charges or refunds it receives
from Tennessee pursuant to the flow through of Take-or-
Pay provisions in the General Terms and Conditions of
Tennessee's FERC Gas Tariff.
Any Shipper may make a lump sum payment of the balance
in its subaccount of the Demand Take-or-Pay Account at
any time or from time to time.
19.8 Payment by Shipper
Fixed Take-or-Pay Demand charges rendered by Transporter
to each Shipper shall be due and payable with the bill
for the month.