Richfield Gas Storage System
Substitute Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-150-002, Status: Effective
First Revised Sheet No. 9 First Revised Sheet No. 9 : Superseded
Superseding: Original Sheet No. 9
(b) Obligations of Customers for Payment of Charges. A
Customer (including a Replacement Customer) who releases its
right to capacity on an interruptible or short term basis or
for a period less than the remaining term of the FSS-1 Service
Agreement remains responsible for compliance with all terms and
conditions of the FSS-1 Service Agreement, which shall remain
in effect, and for payment to Richfield of all rates, charges,
penalties, and fees payable for service rendered using the
released capacity. If any rate, charge, penalty or fee paid to
Richfield by a Replacement Customer is less than the amount of
such rate, charge, penalty, or fee due from the Releasing
Customer, the Releasing Customer shall pay Richfield the
difference.
(c) Notification to Richfield. To release its capacity
rights, a Customer must notify Richfield of the terms and
conditions of the release. Such Release Notice is binding
until written or electronic notice of withdrawal is received by
Richfield. A Releasing Customer has the right to withdraw its
Release Notice during the posting period, where unanticipated
circumstances justify and no minimum bid has been made.
In the Release Notice the Releasing Customer must specify:
(1) The effective date or dates of the release.
(2) The quantity or quantities subject to release.
(3) The minimum acceptable rate expressed in dollars
and cents or percent of maximum rate. Releasing
Customer has a choice to specify dollars and cents
or percents of maximum tariff rate in the
denomination of bids and Richfield supports this.
Once the choice is made by the Releasing Customer,
the bids should comport with the choice.
(4) Whether the capacity is offered on a permanent or
temporary basis, and on a firm or interruptible
basis.
(5) The conditions, if any, upon which the Releasing
Customer may recall the capacity, as well as
methods and rights associated with returning the
previously recalled capacity to the Replacement
Customer. Such reput method and rights should be
specified at the time of the assignment. Reput
method and rights are individually negotiated
between the Releasing Customer and Replacement
Customer.