Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 04/01/1998, Docket: RP98-108-001, Status: Effective

Third Revised Sheet No. 200 Third Revised Sheet No. 200 : Effective

Superseding: Second Revised Sheet No. 200

GENERAL TERMS AND CONDITIONS

(Continued)

16. TRANSITION COST RECOVERY MECHANISMS (Continued)

(g) Reconciliation

(i) No later than sixty (60) months from the November 1,

1993 effective date of this tariff, MRT will compute the

difference between the Recoverable GSRC actually

incurred and allocated to Rate Schedules FTS and SCT and

the actual amounts of GSRC Reservation Surcharges and

GSRC Exit Fees collected during the Initial and each

subsequent GSRC Collection Period. In addition to the

computation required immediately above, MRT shall also

compute, no later than 90 days after July 31, 2000, the

difference between the Recoverable GSRC actually

incurred and allocated to Rate Schedules FTS and SCT

and the actual amounts of the GSRC Reservation

Surcharges and GSRC Exit Fees collected for the period

November 1, 1998 through July 31, 2000. For purposes of

both the calculation to be made no later than sixty (60)

months from the effective date of this tariff and the

calculation to be made no later than 90 days after July

31, 2000, any amount by which reservation charges to

any Customer affected by this Section 16.3 have been

discounted will serve to decrease the amount of such

GSRC Reservation Surcharge collections, provided such

discounts are pursuant to transportation agreements

entered into prior to November 1, 1993 which were

excluded from MRT's filings in Docket No. RP94-68-000.

(ii) If MRT's collections equal or exceed the

Recoverable GSRC incurred and allocated to Rate

Schedules FTS and SCT as computed in Section 16.3(g)(i)

hereinabove, MRT shall file to suspend such collections

until further GSRC have been incurred. The amount of

any excess GSRC collected shall be repaid to all

Customers affected hereby in proportion to the principal

amount of GSRC Reservation Surcharge payments they have

provided pursuant to this Section 16.3. Within ninety

(90) days of the suspension of collections pursuant to

this Section 16.3, MRT will submit a report to the

Commission setting out a comparison of the Recoverable

GSRC incurred and allocated to Rate Schedules FTS and

SCT and the amounts collected hereunder and any

repayments to be provided hereunder. Within thirty (30)

days of the Commission's approval of such report,

repayments, with applicable carrying charges shall be

made.