Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 09/01/2008, Docket: RP05-157-014, Status: Effective

Original Sheet No. 24 Original Sheet No. 24

 

STATEMENT OF NEGOTIATED RATES

(continued)

 

3/ Pursuant to Section 3.2 of the FSS Rate Schedule of Saltville's FERC Gas Tariff, the rates

set forth above shall constitute Negotiated Rates. Except as explicitly provided in footnote

2 above, the Negotiated Rates shall replace the otherwise generally applicable maximum

recourse rate, rate component, charge or credit in Saltville's FERC Gas Tariff, and these

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

revenue, if any, applicable to storage 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 storage rights under the Service Agreement, Customer shall continue to

be obligated to pay Saltville for the difference, if any, by which Customer's then effective

rate exceeds the release rate.