Westgas Interstate, Inc.
First Revised Volume No. 1
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Effective Date: 11/01/1995, Docket: RP95-437-001, Status: Effective
Substitute First Revised Sheet No. 36 Substitute First Revised Sheet No. 36 : Effective
Superseding: Original Sheet No. 36
GENERAL TERMS AND CONDITIONS
(Continued)
unit of capacity calculated by using a discount rate equal
to Transporter's allowed rate of return. The present value of
the reservation fee per unit will be calculated as follows:
-n
monthly reservation 1 - (1 + i) present value
fee per unit x ----------- = per unit
i
Where, i = interest rate per month, or the overall
rate of return divided by 12 months
n = term of the agreement, in months
To the extent capacity is over subscribed during the open
season capacity will be allocated pro rata among all firm
shippers that requested firm transportation service during
open season. All requests for firm transportation service
received after the close of the open-season period shall,
providing existing capacity is available, be given a
priority-of service ranking based upon the date when such
request for service is received and considered complete by
Transporter. The request so determined to be complete that
has the earliest date will receive the highest ranking. In
the case of a tie in ranking, requests with a common date
shall be ranked on the basis of the present value of the
reservation charge per unit to Transporter, determined as
described above, with the request yielding the highest
present value receiving the higher ranking.
(ii) INTERRUPTIBLE SERVICE. All requests
for interruptible transportation service
received during the open season shall be
given a priority-of-service date equal to the
date of the close of the open season. All
requests for interruptible transportation
service received after the close of the open
season shall be given a priority-of-service
date equal to the date when a complete
request for interruptible transportation
service is received by Transporter.
(iii) REVISIONS TO AGREEMENTS AND PRIORITY OF
SERVICE. Revisions to agreements consisting
of changes in points of delivery, or which
increase the contract demand or daily quantity
shall be given new priority-of-service date(s)
according to 2.4(a)(i) and 2.4(a)(ii)