Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 516 Original Sheet No. 516 : Pending

GENERAL TERMS AND CONDITIONS

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(5) Reconciliation Report(s) under this

subsection (a) shall be made available only to the Commission,

Natural Customer Group members and interested state commissions.

(6) Natural shall concurrently prepare

Reconciliation Reports for Other Consenting Customers consistent

with Section 38.4(e)(1) and for G Customers consistent with Section

38.5(d).

(7) Recovery of Supply Realignment Costs under

Rate Schedule ITS and the crediting of ITS revenue shall be

governed by Sections 38.7 and 38.11.

(b) (1) Natural shall, no later than September 1,

1998, submit a Reconciliation Report consistent with Section 38.6

and shall revise the rates assessed under Section 38.6 to

correspond to the average rate paid by members of the Natural

Customer Group as adjusted by the reconciliation under subsection

(a). Natural shall also prepare a final reconciliation within nine

(9) months after the end of the Extended Amortization Period.

(2) The Reconciliation Report to be prepared by

September 1, 1998, shall compare: (i) total revenues collected (or

deemed to be collected under the following sentence) pursuant to

Section 38.6 with the collections which would have been made using

the rate paid by members of the Natural Customer Group, as adjusted

by the reconciliation under subsection (a) of this Section 38.10.

For the purposes of this Reconciliation, Natural shall be deemed to

have collected Supply Realignment Costs from all Shippers with

Assessable Transportation Services based on the MDQs in effect from

time to time and the applicable rates under Section 38.6,

irrespective of whether Natural discounted under such Agreements,

except as provided in Section 38.6(c) and in subsection (c) of this

Section 38.10. To the extent Supply Realignment Costs are allocated

on different bases, a separate reconciliation shall be made of

costs and revenues for each such separate allocation. If the

collections which would have been made at the adjusted Natural

Customer Group rates are less than the amount actually collected,

Natural shall make a refund. No individual Shipper shall pay more

with respect to any Agreement than is provided in Section 38.6(d).

Refunds shall be calculated separately for each separate

reconciliation.