Pine Needle LNG Company, LLC
Original Volume No. 1
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Effective Date: 01/01/2003, Docket: RP01-243-000, Status: Effective
First Revised Sheet No. 56 First Revised Sheet No. 56 : Effective
Superseding: Original Sheet No. 56
GENERAL TERMS AND CONDITIONS
16. ANNUAL CHARGE ADJUSTMENT (ACA) PROVISION
16.1 Application. This Section of the General Terms and Conditions is filed pursuant to
Section 154.402 of the Federal Energy Regulatory Commission's Regulations and Order
No. 472 issued May 29, 1987. This Section authorizes Pine Needle to recover from
Customers the annual charge assessed to Pine Needle by the Commission for Commission
budgetary expenses. Pine Needle shall recover this charge by including in Pine
Needle's rates a per unit rate equivalent to the per dt charge assessed against Pine
Needle by the Commission. During the effectiveness of this ACA provision, it is Pine
Needle's intent not to recover in an NGA Section 4 rate case any annual charges
recorded in FERC Account No. 928 assessed to Pine Needle by the Commission pursuant to
Order No. 472.
(a) Effective Date. Pine Needle shall adjust its rates annually to be effective each
October 1. Pine Needle shall comply with the notice requirements of Section
154.22 of the Commission's Regulations.
(b) Unit Rate. Pine Needle's Unit Rate shall be the unit rate used by the Commission
to determine the annual charge assessment to Pine Needle adjusted, as
appropriate, to a thermal basis.
(c) Affected Rate Schedules. The affected Rate Schedules are all storage Rate
Schedules contained in Pine Needle's Original Volume No. 1 FERC Gas Tariff.
16.3 Procedures to Determine Annual Charge Adjustment (ACA) Unit Rate.
Pine Needle shall determine the ACA Unit Rate by utilizing the unit rate used by the
Commission to determine Pine Needle's annual charge adjustment and adjust such unit
rate, as appropriate, to a thermal basis. Pine Needle shall round such Unit Rate to
the nearest one-hundredth of one cent ($0.0001). Pine Needle will assess the ACA Unit
Rate on the quantities withdrawn under Rate Schedule LNG-1 and LNG-2.