Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 04/01/2007, Docket: RP05-157-006, Status: Effective

Original Sheet No. 16 Original Sheet No. 16 : Effective

 

 

STATEMENT OF NEGOTIATED RATES 1/

 

Customer Name: Washington Gas Light Company

Contract Number: WGL00256S

Rate Schedule: FSS

 

APPLICABLE RATES: 2/ 3/ 4/

Reservation Charges: According to the following table,

 

--------Period---------------- Space Injection Withdrawal

April 1, 2007 - March 31, 2011 $0.867 $1.736 $0.868

April 1, 2011 - March 31, 2015 $0.925 $1.854 $0.927

April 1, 2015 - March 31, 2019 $0.955 $1.913 $0.956

April 1, 2019 - March 31, 2023 $1.026 $2.060 $1.030

April 1, 2023 - March 31, 2027 $1.072 $2.148 $1.074

 

Usage Charge - Injection: $0.0500 per dth injected.

Usage Charge - Withdrawal: $0.0500 per dth withdrawn.

 

Term of Negotiated Rate: The term of the negotiated rate extends from the beginning of the Gas

Day on April 1, 2007, until the end of the Gas Day on March 31, 2027.

 

Quantity: MSQ = 700,000 dth, MDWQ = 70,000 dth, MDIQ = 35,000 dth.

 

Receipt Point: ETNG Meter No. 59760, Smith County, Virginia

Delivery Point: ETNG Meter No. 59770, Smith County, Virginia

 

 

 

1/ This negotiated rate agreement does not deviate in any material respect from the Form of

Service Agreement contained in Saltville's Tariff.

 

2/ In addition to these rates, Customer shall pay all applicable charges and mandatory

surcharges (such as FERC Annual Charge Adjustment) and fuel and lost and unaccounted for gas

as set forth in Saltville's Tariff as revised from time to time pursuant to Saltville's

Tariff. Customer shall not be charged for any voluntary surcharges such as GRI Rate

Adjustment.

 

3/ In consideration of the rates set forth above, the applicable rates for service under the

Service Agreement during the Term of Negotiated Rate shall remain as stated above.

Therefore, pursuant to Section 32 of the General Terms and Conditions of Saltville's FERC Gas

Tariff, the rates set forth above shall constitute Negotiated Rates. The Negotiated Rates

shall replace the otherwise generally applicable maximum recourse rate, rate component,

charge or credit in Saltville's FERC Gas Tariff ("Tariff Rates"), and the Tariff Rates shall

not apply to or be available to Customer for service under the Service Agreement during the

Term of Negotiated Rate (to the extent that such Tariff Rates are inconsistent with the rates

set forth above), notwithstanding any adjustments to such generally applicable maximum

recourse rate, rate component, charge or credit which may become effective during the Term of

Negotiated Rate.

 

4/ If, at any time after service commences under the Service Agreement, Saltville is collecting

its effective maximum recourse rates from other Customers subject to refund under Section 4

of the Natural Gas Act, Saltville shall have no refund obligation to Customer even if the

final maximum rate is reduced to a level below the Negotiated Rate provided herein.

Customer's right to receive credits relating to Saltville's penalty revenue or other similar

revenue, if any, applicable to transportation service on Saltville's system shall be governed

by Saltville's FERC Gas Tariff and any applicable FERC orders and/or regulations. In the

event Customer releases its firm transportation rights under the Service Agreement, Customer

shall continue to be obligated to pay Saltville for the difference, if any, by which the

Negotiated Rate herein exceeds the release rate.