Texas Eastern Transmission, L P
Seventh Revised Volume No. 1
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Effective Date: 03/14/2010, Docket: RP10-375-000, Status: Effective
Second Revised Sheet No. 292 Second Revised Sheet No. 292
Superseding: First Revised Sheet No. 292
RATE SCHEDULE VKFT
(Continued)
3. RATE
3.1 The applicable rates for service hereunder are set forth in the currently effective
Statement of Rates for Rate Schedule VKFT of this FERC Gas Tariff and are hereby
incorporated herein. The rates in this rate schedule are subject to adjustment
pursuant to Sections 15.1, 15.3 and 15.6 of Pipeline's General Terms and Conditions and
to the extent such service quantities are not delivered hereunder for further
transportation on Pipeline's system under one or more of Pipeline's other rate
schedules, Sections 15.2, 15.4 and 15.5 of Pipelines' General Terms and Conditions.
Unless Pipeline and Customer agree in writing upon a rate for service provided
hereunder, the rate applicable to a Customer for service hereunder shall be the
applicable maximum rate(s) as set forth on the effective Statement of Rates for Rate
Schedule VKFT. In the event a rate less than the applicable maximum rate(s) and not
less than the applicable minimum rate(s) is agreed upon, such rate shall be applicable
for the period agreed upon by Customer and Pipeline.
3.2 Customer shall pay Pipeline each Month the sum of the following amounts:
(A) Reservation Charge:
The Reservation Charge Rate, as determined pursuant to Section 3.1 herein,
multiplied by the MDQ and multiplied by the number of Days in the Month; and
(B) Monthly Usage Charge consisting of the sum of the following daily charges:
(1) The Usage-2 Charge Rate, as set forth on the Statement of Rates for Rate
Schedule VKFT, multiplied by that portion of the total Quantity of Gas
deliveries on any Day pursuant to the executed service agreement, which is
in excess of 110% of scheduled service levels for such Day.
3.3 Except as provided in Section 3.4 of this Rate Schedule, in the event Pipeline fails to
deliver on any one Day at least 95% of the Quantity of Gas requested to be delivered by
Pipeline at Point(s) of Delivery which Pipeline is obligated to deliver on a firm basis
at such Point(s) of Delivery on such Day up to the MDQ, the Reservation Charge shall be
decreased by the amount of the Reservation Charge Adjustment (as set forth on the
Statement of Rates for Rate Schedule VKFT of Pipeline's FERC Gas Tariff, Volume No. 1,
as such Statement of Rates sheet may be revised, superseded or supplemented from time
to time) multiplied by the Quantity of Gas not delivered up to the lesser of the total
Quantity of Gas requested and not delivered, or the MDQ and multiplied by the number of
Days in the Month. Such Reservation Charge Adjustment shall be discounted in the case
of an executed service agreement containing a discounted Reservation Charge Rate in the
same proportion such Reservation Charge Rate is discounted from the maximum Reservation
Charge Rate.