Central Kentucky Transmission Company
Original Volume No. 1
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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective
Original Sheet No. 291 Original Sheet No. 291 : Effective
GENERAL TERMS AND CONDITIONS
41. INTERRUPTIBLE TRANSPORTATION REVENUE CREDITING MECHANISM.
(a) The purpose of this provision is to provide the mechanism by
which Transporter shall credit the revenues collected for providing
interruptible transportation service under Rate Schedule ITS.
(b) At the end of each contract year (November 1 to October 31),
Transporter shall credit one hundred percent (100%) of all Base Tariff Rate
revenue collected pursuant to Section 4 of Rate Schedule ITS to Shippers
receiving service under Rate Schedule FTS and Rate Schedule ITS based on
the Shippers' actual throughput for that contract year. Transporter shall
credit the bills of original capacity holders (and not Replacement Shippers
under Section 14 (Release and Assignment of Service Rights) of the General
Terms and Conditions within 60 days of the end of the contract year.
(c) Transporter will file a report within 60 days of the close of
the contract year showing the Rate Schedule ITS revenues and the resulting
interruptible transportation revenue credits for each month of the contract
year (November 1 to October 31).