Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 05/01/2005, Docket: RP05-249-000, Status: Effective

Third Revised Sheet No. 109 Third Revised Sheet No. 109 : Effective

Superseding: Second Revised Sheet No. 109

 

 

RATE SCHEDULE IS

INTERRUPTIBLE STORAGE SERVICE (continued)

 

 

8.3 Crediting of Revenues - Transporter shall credit 50% of the net revenues

collected during each annual period under this Rate Schedule in excess of

the cost of service allocated to this service in the manner described

below. Subsequent to Transporter's recovery of all costs allocated to

this Rate Schedule, all net revenues received by Transporter under this

Rate Schedule shall be credited to the deliverability charge component of

the rates of Shippers receiving service under Rate Schedule FS, pro rata

based on Maximum Daily Withdrawal Quantities. For the purpose of this

Section, "net revenues" shall mean all revenues received by Transporter

for interruptible storage service less variable costs and applicable

surcharges.

 

8.4 Notwithstanding any provision of Transporter's effective FERC Gas Tariff

to the contrary, Transporter and Shipper may mutually agree in writing to

rates, rate components, charges, or credits for service under this Rate

Schedule that differ from those rates, rate components, charges, or

credits that are otherwise prescribed, required, established or imposed by

this Rate Schedule or by any other applicable provision of Transporter's

effective FERC Gas Tariff. If Transporter agrees to such differing rates,

rate components, charges, or credits (referred to hereinafter and in this

Tariff as "Negotiated Rates"), then the Negotiated Rate[s] shall be

effective only for the period agreed upon by Transporter. During such

period, the Negotiated Rate shall govern and apply to the Shipper's

service and the otherwise applicable rate, rate component, charge, or

credit, which the parties have agreed to replace with the Negotiated Rate,

shall not apply to, or be available to, the Shipper. At the end of such

period, the otherwise applicable maximum rates or charges shall govern the

service provided to Shipper. Only those rates, rate components, charges,

or credits identified by Transporter and Shipper in writing as being

superseded by a Negotiated Rate shall be ineffective during the period

that the Negotiated Rate is effective; all other rates, rate components,

charges, or credits prescribed, required, established or imposed by this

Rate Schedule or Transporter's Tariff shall remain in effect. Transporter

shall make any filings at the FERC necessary to effectuate a Negotiated

Rate.