Tuscarora Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 09/10/2009, Docket: RP09-883-000, Status: Effective

First Revised Sheet No. 156 First Revised Sheet No. 156

Superseding: Original Sheet No. 156

 

GENERAL TERMS AND CONDITIONS

 

26. CAPACITY RELEASE (Continued)

 

26.7 Crediting, Billing Adjustments and Refunds (Continued)

 

(c) Billing Adjustments

 

Transporter shall apply the revenues received from

Replacement Shippers to the reservation charge (or equivalent

volumetric rate).

 

Should Replacement shipper default on payment to Transporter

of the reservation charge (or equivalent volumetric rate)

Transporter shall bill Releasing Shipper for such unpaid

charges and apply interest to such adjustments in accordance

with the provisions of Section 13 of these General Terms and

Conditions.

 

(d) Excess Revenue Credits

 

Releasing Shipper is entitled to excess revenue credits

resulting when the reservation charge (or equivalent

volumetric rate) revenues actually received by Transporter

from the Replacement Shipper(s) exceed the reservation charge

(or equivalent volumetric rate) revenues which would have

been received by Transporter from the Releasing Shipper if

capacity was not released.

 

(e) Refunds

 

Transporter shall track all changes in its rates approved by

the Commission. In the event the Commission orders refunds

of any such rates charged by Transporter and previously

approved, Transporter shall make corresponding refunds to all

affected Shippers including Shippers receiving capacity

release service.

 

In such instances when rates to Replacement Shippers are

reduced, Transporter shall make corresponding adjustments to

the crediting of revenues to Releasing Shippers for the

period such refunds are payable. For capacity release

transactions that are not subject to a rate cap, as described

in Section 26.2(b) of these General Terms and Conditions, the

prevailing rate for the transaction shall be considered just

and reasonable and the Replacement Shipper(s) shall not be

entitled to receive the refunds referenced herein.

 

(Continued)