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First Revised Sheet No. 9 First Revised Sheet No. 9 : Superseded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.