Millennium Pipeline Company, L. L. C.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective
Original Sheet No. 241 Original Sheet No. 241
GENERAL TERMS AND CONDITIONS
(Continued)
20. DISCOUNT POLICY (Cont.)
In addition, Transporter may discount based on published index prices for
specific Point(s) of Receipt and/or Point(s) of Delivery or other agreed-upon
published pricing reference points (such discounted rate may be based upon
the differential between published prices or arrived at by formula). Any
agreement containing such discounted rate shall specify the rate component(s)
to be discounted (i.e., Reservation Charge or Commodity Charge or both), and
any formula will provide a reservation rate per unit of contract demand
(Maximum Daily Contract Quantity). To the extent the firm Reservation Charge
is discounted, the index price differential rate formula shall be calculated
to state a rate per Dth. Furthermore, such discount shall not change the
underlying rate design of the service being provided or include any minimum
bill or maximum take provision that would have the effect of guaranteeing
revenue.