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. 243 Original Sheet No. 243 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

20. FLOW THROUGH OF FIXED TAKE-OR-PAY CHARGES FROM ALGONQUIN GAS

TRANSMISSION COMPANY (continued)

 

20.3 Payment by Shipper (continued)

 

amount(s) reflected on Tariff Sheet No. 26 plus carrying

charges on the remaining allocated amount computed from

Transporter's initial payment(s) to Algonquin utilizing

interest factors pursuant to Section 154.67 of the

Commission's Regulations. If the payment date and/or

the amount due from Shipper is other than as set forth

herein, Transporter shall notify Shipper of the revised

amount due and/or the revised payment due date. If

Shipper's service agreement with Transporter expires on

or after the respective dates of Transporter's original

filing(s) related to Algonquin's Take-or-Pay filings and

the FERC issues an order on or after said date authoriz-

ing abandonment of the service rendered thereunder,

Transporter shall at Shipper's option either (i) direct-

ly bill Shipper's full unpaid allocation of Take-or-Pay

Surcharges together with carrying charges thereon, or

(ii) continue billing the monthly Take-or-Pay Surcharges

until the end of the payment period. Shipper shall be

deemed to have elected to make payment for the full

amount due and owing, including applicable carrying

charges, if Transporter is not notified to the contrary

within fifteen (15) days of the FERC order authorizing

the abandonment. Transporter shall submit invoices to

Shipper for the full amount due and owing within thirty

(30) days following the issuance of a final FERC order

authorizing such abandonment, and Shipper shall pay

Transporter the full amount within thirty (30) days

after receipt thereof. Any payment required from Ship-

per not received by Transporter on or before the due

date shall bear interest in accordance with Article 6 of

Transporter's General Terms and Conditions.