Kentucky West Virginia Gas Company

Third Revised Volume No. 1

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Effective Date: 07/01/1993, Docket: RS92- 18-002, Status: Effective

Original Sheet No. 57 Original Sheet No. 57 : Superseded

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

28.4 Remittance to GRI

 

Pipeline shall remit to GRI, not later than thirty (30) days

after the receipt thereof, all monies received from the GRI

Funding Charge Adjustment, less any amounts properly payable to

a federal, state, or local authority relating to the monies

received hereunder.

 

29. FEDERAL ENERGY REGULATORY COMMISSION ANNUAL CHARGE ADJUSTMENT PROVISION

 

29.1 Purpose

 

Section 3401 of the Omnibus Budget Reconciliation Act of 1986

provides that the Federal Energy Regulatory Commission (FERC)

establish an annual charge for each fiscal year ending September

30, in an amount equal to costs incurred to operate the Federal

Energy Regulatory Commission for the fiscal year.

 

For the purpose of funding of Federal Energy Regulatory

Commission costs incurred in any fiscal year, this Section

establishes as part of Pipeline's rates an Annual Charge

Adjustment (ACA) Provision to be applicable to the Pipeline's

Rate Schedules ITS, IGS, VTS, VGS, FTS, FGS and TS-1. The

Pipeline does not intend to recover any annual charges

recorded in FERC Account No. 928 in a Natural Gas Act Section 4

rate case. Customers with both gathering and transportation

services will be billed the ACA charge on only one service.

 

29.2 Basis of the Annual Charge Adjustment

 

The Rate Schedules ITS, IGS, VTS, VGS, FTS, FGS and TS-1

specified in Section 29.1 hereof shall include an increment for

an Annual Charge Adjustment (ACA) for Federal Energy Regulatory

Commission costs. The unit rate of such charge shall be that

amount, adjusted to the Pipeline's pressure base and heating

value, if required, which has been specified by the Federal

Energy Regulatory Commission each year. The current effective

Annual Charge Adjustment is $.0023 per Mcf ($.0021 per dth as

converted on Pipeline's system).

 

29.3 Filing Procedures

 

The Annual Charge Adjustment Provision may be placed into effect

upon not less than 30 days notice unless, for good cause shown,

a lesser notice period is allowed by valid Commission order.