Northwest Pipeline Corporation G P
Fourth Revised Volume No. 1
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Effective Date: 02/20/2009, Docket: RP09-227-000, Status: Effective
Second Revised Sheet No. 52 Second Revised Sheet No. 52
Superseding: First Revised Sheet No. 52
RATE SCHEDULE SGS-2F
Storage Gas Service - Firm (Continued)
3. MONTHLY RATE (Continued)
3.3 Charges for Capacity Release Service: The rates for capacity
release service are set forth in Sheet No. 7. See Section 22 of the
General Terms and Conditions for information about rates for capacity
release service, including information about acceptable bids. In the
event of a base tariff maximum and/or minimum rate change, the
Replacement Shipper will be obligated to pay:
(a) the lesser of the awarded bid rate and the new maximum base
tariff rate, or the greater of the awarded bid rate and the new
minimum base tariff rate, as applicable, for the remaining term of
the release for capacity release transactions with a term of more
than one year and where the awarded bid rate was not tied to the
maximum rate as it may change from time to time;
(b) the greater of the minimum base tariff rate and the awarded
bid rate for the remaining term of the release for capacity
release transactions with a term of one year or less that take
effect on or before one year from the date on which Transporter is
notified of the release and where the award bid rate was not tied
to the maximum tariff rate; or
(c) the new maximum rate or, if applicable, the percentage of the
new maximum rate for capacity release transactions where the
awarded bid rate was tied to the maximum rate as it may change
from time to time.
For capacity release service subject to demand charges, the
payments by the Replacement Shipper shall be equal to the sum of the
daily product of the accepted Demand Charge bid rate and the Contract
Demand, plus the sum of the daily product of the accepted Capacity
Demand Charge bid rate and the Storage Capacity.
For capacity release service subject to volumetric bid rates, the
payments by the Replacement Shipper shall be equal to the accepted
volumetric bid rate for withdrawals multiplied by the actual volumes
withdrawn each day plus the accepted volumetric bid rate for storage
multiplied by the actual volumes in storage each day.