Canyon Creek Compression Company
Third Revised Volume No. 1
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Effective Date: 07/01/2002, Docket: RP02-356-000, Status: Effective
Original Sheet No. 202 Original Sheet No. 202 : Effective
GENERAL TERMS AND CONDITIONS
37.7 COST OF SERVICE DEFERRED ACCOUNT
Canyon shall establish and maintain a current deferral
sub-account Unrecovered COS Account in Other Regulatory Assets,
(a) If Canyon's Cost of Service for any semi-annual COS
Period shall be greater or less than that reflected in its rates
hereunder for such semi-annual COS Period, and/or if Canyon's
recoveries for any semi-annual COS Period are greater than or less
than the Cost of Service underlying Canyon's rates for that COS
Period, an amount equal to the difference shall be recorded in the
current deferral sub-account for such semi-annual COS Period. The
outstanding balance in the current deferral sub-account shall
accumulate carrying charges each month in the manner and at the then
current rate of interest on pipeline refunds established by the FERC.
Any balance remaining in current deferral sub-account at the end of
any six-month period shall be added to or deducted from the deferral
sub-account for the next semi-annual COS Period.
(b) The accumulated current deferral subaccount
balances of Account 182.3 may include the following:
(i) The monthly deferral of a dollar amount
associated with Canyon's actual under- or over-recovered Cost of
(ii) Adjustments to prior Semi-Annual COS Periods.
(iii) Transfers of any unamortized amounts
remaining in a Semi-Annual COS Period deferral subaccount of Account
No. 182.3 after the related amortization period has expired.
(iv) The Semi-Annual COS Period portion of all
refunds or revenue credits, including out-of-period billing
(v) Carrying charges on the current deferral and
(c) The amount to be included in the current deferral
subaccounts shall be calculated as follows:
(i) Canyon shall determine the actual Rate Base
and Cost of Service incurred for that Semi-Annual COS Period.