Granite State Gas Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 05/07/2020, Docket: RP98-205-000, Status: Accepted

Original Sheet No. 337 Original Sheet No. 337 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

34. SURCHARGE FOR PORTLAND PIPE LINE LEASE EXTENSION COSTS

(Continued)

 

effective Base Tariff rates for service under

Transporter's firm transporation rate schedules

shall be derived by dividing the estimated variable

lease related costs by the annual firm throughput

agreed to in Docket No. RP97-8-000 (48,952,851 Dth)

for such services; and,

 

(v) the monthly surcharge for lease related costs per

dekatherm of transportation volumes added to the

Commodity Charge under Transporter's currently

effective Base Tariff rates for service under

Transporter's interruptible rate schedule shall be

derived by computing the equivalent of a 100

percent load factor rate per dekatherm based on the

monthly surcharges per dekatherm determined in

paragraphs (iii) and (iv) hereof.

 

34.4 All monthly revenues collected by Transporter under the

surcharge for lease related costs applicable to Transporter's

interruptible transportation services shall be credited to the

firm transportation customers during the month following

collection, proportional to their Maximum Daily Transportation

Quantities.

 

34.5 Periodically, Transporter may collect revenues pursuant to the

special surcharge in this provision in advance of invoices

from Portland Pipe Line Corporation for lease related costs.

Revenues collected in advance of payments for lease related

costs shall bear monthly interest at the approved rate of

interest prescribed in Section 154.501(d) of the Commission's

Regulations. Also, carrying charges at the same Commission

approved rate of interest will be allowed on undercollections.

 

Such interest or carrying charges will be compounded

quarterly.

 

34.6 Within 30 days after termination of the lease, Transporter

will file a status report to the Commission showing all lease

related costs billed to Transporter by Portland Pipe Line

Corporation and all revenues collected under the special

surcharge in this provision, together with interest and/or

carrying charges. In this report, an estimated date for the

end of the surcharge will be included.