Steuben Gas Storage Company

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-429-000, Status: Effective

Third Revised Sheet No. 18 Third Revised Sheet No. 18 : Effective

Superseding: Second Revised Sheet No. 18

 

RATE SCHEDULE FS

FIRM STORAGE

(Continued)

 

(c) Volumetric Rate For Release must fall between the minimum

and maximum volumetric rates for releases of one year or

longer as stated on sheet No. 5 of this Original

Volume No. 1 and,

 

(d) Seller will bill the Volumetric Rate for Release for

volumes actually injected into storage by Seller for the

account of Replacement Customer or the minimum storage

volume requirement if actual injected volumes are less

than the required minimum storage volume requirement,

and,

 

(e) Replacement Customer shall remain fully responsible for

all Usage Charges incurred.

 

7.8 Releases of 31 Days or Less or at Maximum Rates. Capacity

Releases and Pre-Arranged Releases for a period of 31 Days or

less, or for any period longer than one year at maximum

rates, need not comply with Section 7.1. Notices of

releases shall be posted on Seller's Internet Site within forty-eight

(48) hours after the release transaction commences.

 

7.9 Prior to the commencement of service pursuant to any release

request, the Replacement Customer shall submit to Seller, in

accordance with Section 2.1 of the General Terms and

Conditions hereunder, a check in an amount equal to the lesser

of $10,000 or the aggregate reservation charges which would be

due for three months of released service.

 

7.10 Releases of 31 Days or Less. Releases of a period of 31

Days or less may not roll-over, extend, or continue in any

way without complying with Section 7.1.

 

8. CUSTOMER WORKING STORAGE GAS IN STORAGE AFTER TERMINATION OF

AGREEMENT

If a Customer which has not renewed its FS Agreement for the

next Storage Contract Year fails to withdraw all of its

Working Storage Gas by the end of the Storage Contract Year

such FS Agreement terminates, then, at Seller's option, and

upon forty-eight (48) hours notice, Customer will be deemed

to have agreed to the Storage of such remaining Working

Storage Gas under Rate Schedule IS or at