Portland General Electric Company

Original Volume No. 1

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Effective Date: 12/03/2003, Docket: RP04- 48-000, Status: Effective

Original Sheet No. 12 Original Sheet No. 12 : Effective

RATE SCHEDULE FT-1

Firm Transportation

(Continued)

3. MONTHLY RATE(S) (Continued)

3.4 Charges for Capacity Release Service: The rates for capacity

release service are set forth in Sheet No. 4. See Section 20 of the

General Terms and Conditions for information about rates for capacity

release service, including information about acceptable bids.

3.5 Negotiated Rates: Notwithstanding the general provisions of

this Section 3, if Transporter and Shipper mutually agree to Negotiated

Rates for service hereunder, such Negotiated Rates will apply in lieu of

the otherwise applicable rates identified in this Section 3.

4. MINIMUM MONTHLY BILL

Unless Transporter and Shipper mutually agree otherwise, the

Minimum Monthly Bill will consist of the Reservation Charge specified in

Section 3.1 of this Rate Schedule, as applicable.

5. TRANSPORTATION CONTRACT DEMAND

The Transportation Contract Demand refers to the quantity of gas

to be delivered by Transporter to Shipper after transportation, at the

Delivery Point(s) (after lost and unaccounted for gas pursuant to

Section 13 of the General Terms and Conditions). It shall be specified in

Dth in the executed Service Agreement for service under this Rate Schedule.

As long as the Contract Demand is not exceeded, Transporter shall be

obligated to receive up to Shipper's Maximum Daily Quantity at each Receipt

Point and to deliver up to Transporter's Maximum Daily Delivery Obligation

(MDDO) at each Delivery Point, on a firm basis.