Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
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Effective Date: 08/16/2004, Docket: RP98- 18-015, Status: Effective
Original Sheet No. 6D Original Sheet No. 6D : Effective
STATEMENT OF NEGOTIATED RATES 1/, 3/, 4/, 5/, 6/, 7/, 8/, 9/
Customer Name: Virginia Power Energy Marketing, Inc.
Contract Number: 2470-02
Rate Schedule: RTS
Contract Demand: 20,000 dth
Demand Charge 2/ $17.9458
Commodity Charge 2/ $0.0000
Primary Receipt Point(s):
Primary Delivery Point(s):
Name Hunts Point
Term of Agreement: 08/16/2004 - 11/01/2012
1/ Unless otherwise noted, negotiated contracts do not deviate in any
material respect from the applicable form of service agreement set forth
in Iroquois' FERC Gas Tariff.
2/ Unless otherwise noted, rates are exclusive of all surcharges.
3/ Unless otherwise noted, this tariff sheet reflects the essential
elements of the negotiated contracts, including a specification of all
4/ Surcharges. Virginia Power shall pay only the surcharges outlined herein:
(1) the Measurement Variance/Fuel Use ("MV/FU") Factor (in kind retention
percentage) applicable to Eastchester Shippers; the Gas Research Institute
("GRI") surcharge, if applicable; the Annual Charge Adjustment ("ACA")
surcharge, if applicable; and any other industry-wide surcharge or credit
imposed by the Federal Energy Regulatory Commission ("FERC") and implemented
on a system-wide basis for all of Iroquois' firm shippers, except to the
extent that the costs to be recovered by such new surcharge or credit already
are being recovered in Iroquois' base tariff rates or Eastchester rates; and
(2) the Deferred Asset Surcharge ("DAS") as currently calculated under
Iroquois' tariff and not subject to any extensions or modifications. In no
event, for example, shall Iroquois be permitted to recover any surcharge to
the rates herein reflecting costs related to the construction or remediation
of the Eastchester Project, including legal fees and litigation costs, civil
judgments, fines, penalties, or the like, or any costs that were proposed for
recovery in Docket No. RP04-136.
5/ Right of First Refusal ("ROFR"). Virginia Power shall be entitled to ROFR
rights equal to the rights of long-term shippers paying maximum rates under
Iroquois' FERC Gas Tariff and FERC regulations
6/ Recourse Rate. In the event that the applicable recourse rate set by the
FERC in Docket No. RP04-136 for the period commencing on or after July 1,
2004 is less than $0.59/Dth, then Virginia Power will receive the applicable
recourse rate established in Docket No. RP04-136 pursuant to its year-round
capacity position of 20,000 Dt/day during the term of the Contract.
(FOOTNOTES CONTINUED ON SHEET NO. 6E)