Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 12/04/2009, Docket: RP91-203-077, Status: Effective

Thirteenth Revised Sheet No. 407 Thirteenth Revised Sheet No. 407

Superseding: Twelfth Revised Sheet No. 407

 

GENERAL TERMS AND CONDITIONS

 

XXXIV. PCB ADJUSTMENT

 

The rates and charges for the Affected Rate Schedules shall be subject to a PCB

Adjustment effective July 1, 1995 as provided in this Article. This Article, which is

intended to implement the provisions of the Stipulation and Agreement filed with the

Commission in Tennessee Gas Pipeline Co., Docket Nos. RP91-203 and RP92-132 (Phase II-

PCB Issues) on May 15, 1995, as approved by Commission orders dated November 29, 1995

and February 20, 1996 (73 FERC d 61,222 (1995), order on rehearing 74 FERC d 61,174

(1996) and the Amendment to Stipulation and Agreement filed with the Commission in the

above-captioned dockets ("Amendment"), hereinafter collectively referred to as

"Stipulation", shall be construed in a manner consistent with the Stipulation. In the

event of a conflict between the provisions of this Article and the Stipulation, the

Stipulation shall control.

 

1. Definitions

 

"Eligible Costs" are those costs as defined in the "Stipulation".

 

"Initial Adjustment Period" is the period commencing on July 1, 1995 and ending

on June 30, 2000.

 

"Recoverable Eligible Costs" equal the following percentages of Transporter's

Eligible Costs adjusted to 1992 dollars as described in Section 5.2:

 

"First Extended Adjustment Period" is the period commencing on July 1, 2000 and

ending on June 30, 2002. The applicable sections of this Article XXXIV shall

remain in effect throughout the First Extended Adjustment Period.

 

"Second Extended Adjustment Period" is the period commencing on July 1, 2002 and

ending on June 30, 2004. The applicable sections of this Article XXXIV shall

remain in effect throughout the Second Extended Adjustment Period.

 

"Third Extended Adjustment Period" is the period commencing on July 1, 2004 and

ending on June 30, 2006. The applicable sections of this Article XXXIV shall

remain in effect throughout the Third Extended Adjustment Period.

 

"Fourth Extended Adjustment Period" is the period commencing on July 1, 2006 and

ending on June 30, 2008. The applicable sections of this Article XXXIV shall

remain in effect throughout the Fourth Extended Adjustment Period.

 

"Fifth Extended Adjustment Period" is the period commencing on July 1, 2008 and

ending on June 30, 2010. The applicable sections of this Article XXXIV shall

remain in effect throughout the Fifth Extended Adjustment Period.

 

Recovery (%) Cost Block ($)

 

100 0 - 123,000,000

70 123,000,001 - 263,000,000

0 263,000,001 - 283,000,000

50 283,000,001 - 383,000,000

 

2. Affected Rate Schedules and Rates

 

The Affected Rate Schedules are FT-A, FT-G, FT-GS, FT-BH, FT-IL, IT, IT-X, PAT,

NET, NET-284, FS-MA, IS-MA, T-154. The effective rates for services under the

Affected Rate Schedules shall be the applicable Rates After Current Adjustment

shown on the Summary of Rates and Charges in Transporter's FERC Gas Tariff,

reflecting the applicable PCB Adjustment determined pursuant to this Article.

The PCB Adjustment shall be a demand surcharge on Transporter's rates for

services under firm Affected Rate Schedules and surcharges on Transporter's

rates for service under other Affected Rate Schedules calculated in conformance

with the Stipulation.