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. 39 Original Sheet No. 39 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

5. BILLING AND PAYMENT (Continued)

5.2 (continued)

Converting a daily rate to a monthly rate is accomplished by

multiplying the daily rate times the number of days in the rate period,

dividing the result by the number of months in the rate period, taking

the remainder out to 5 decimal places, and rounding up or down to the

transporter's specified decimal place.

Converting a monthly rate to a daily rate is accomplished by

multiplying the monthly rate by the number of months in the rate period,

dividing the result by the number of days in the rate period, taking the

remainder out to 5 decimal places, and rounding up or down to the

transporter's specified decimal place. (NAESB 5.3.22)

Transporter's statement will include the following information:

(a) The volume of gas received by Transporter for Shipper's

account during the preceding Month;

(b) The volume of gas delivered by Transporter for Shipper's

account during the preceding Month;

(c) The imbalance, if any, between the volumes of gas received

by Transporter and the volumes of gas delivered by Transporter for

Shipper's account after appropriate reductions for lost and

unaccounted for gas, both for the preceding Month and

cumulative for all preceding Months.