Kinder Morgan Interstate Gas Transmission LLC

Fourth Revised Volume No. 1-B

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Effective Date: 06/01/2004, Docket: CP03- 39-001, Status: Effective

Second Revised Sheet No. 88 Second Revised Sheet No. 88 : Effective

Superseding: Original Sheet No. 88

 

GENERAL TERMS AND CONDITIONS FOR SERVICE - continued

 

(c) To the extent net imbalance revenues are received by

Transporter, such net imbalance revenues, if any, shall be

refunded through a direct payment. A refund allocation

factor for each FT, NNS, CMC-1 and CMC-2 customer shall be

calculated by dividing the actual FT, CMC-1, and CMC-2

reservation revenues, including the imbedded FT reservation

revenues within NNS, for each customer by the total FT, CMC-

1 and CMC-2 reservation revenues inclusive of the imbedded

FT reservation revenues within NNS during the reporting

period. The reservation revenues used to calculate the

refund allocation factor shall be net of all applicable

surcharges, including but not limited to, ACA and GRI

surcharges. The resulting refund allocation factor shall be

multiplied by the net imbalance revenue to arrive at the

applicable direct payment for FT, NNS, CMC-1 and CMC-2

Shippers.

 

(d) Any net imbalance costs shall be rolled forward into

succeeding reporting periods until eliminated.