Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 08/01/2004, Docket: RP04-366-001, Status: Effective

Sixth Revised Sheet No. 16 Sixth Revised Sheet No. 16 : Effective

Superseding: Fifth Revised Sheet No. 16

 

RATE SCHEDULE RTS (continued)

 

(g) Capacity Release Credits. For each month, the

Transportation Demand Charge shall be credited by the

Transportation Demand Charge (or its volumetric equivalent as

determined pursuant to Section 28.14 of the General Terms and

Conditions) billed by the Transporter to any Replacement

Shipper (s) as that term is defined in Section 28 of the

General Terms and Conditions of Transporters currently

effective FERC Gas Tariff (hereinafter the "Replacement Demand

Charge"), if any, under the Capacity Release provisions set

forth in Section 28 of the General Terms and Conditions, with

any Capacity Release marketing fees as set forth in Section 28

of the General Terms and Conditions to be deducted from such

credit. Nothing herein is intended to relieve Shipper of its

obligation to pay to Transporter the full amount of the

Transportation Demand Charge for any month in which the

Replacement Shipper fails to pay all or any portion of the

Replacement Demand Charge (or its volumetric equivalent as

determined pursuant to Section 28.14 of the General Terms and

Conditions).

 

4.4 Discounted Rates. For purposes of administering

rates under this Rate Schedule RTS, Transporter shall have the

right to discount the Maximum Transportation Demand Rates and

Maximum Transportation Commodity Rates for firm reserved

transportation service under this Rate Schedule RTS and to charge

a lower rate for some or all of the service performed under this

Rate Schedule, so long as such discounting is necessary to meet

competitive conditions existing at the time; provided, however,

that in no event shall rates charged under this Rate Schedule be

less than Transporters system weighted average variable costs,

specified herein as the Minimum Transportation Demand Rates and

Minimum Transportation Commodity Rates for firm reserved service.

Transporter shall not be obligated to offer service at discount

rates; however, to the extent such discounted service is offered,

it shall be offered on a non-discriminatory basis. For each

transaction discounted pursuant to this provision, the amount of

the discount shall be applied to the base rates. Unless otherwise

specified, a discounted rate does not apply to alternate Receipt

or Delivery Points.

 

4.5 Negotiated Rates. For purposes of administering

rates under this Rate Schedule RTS, Transporter