Texas Eastern Transmission, L P

Seventh Revised Volume No. 1

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Effective Date: 11/16/2009, Docket: RP10-53-000, Status: Effective

Second Revised Sheet No. 584 Second Revised Sheet No. 584

Superseding: First Revised Sheet No. 584

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

imbalance level stated as a percentage. The operational imbalance

percentage shall be determined on a month-to-date basis by dividing

operational imbalances by the scheduled quantities. The actual imbalance

percentage shall be determined by dividing actual imbalances by the

scheduled quantities. Operating data and actual data will be accessible

via the LINK® System or other mutually agreeable form of communication.

Imbalances resulting from capacity restrictions caused by Pipeline beyond

the period allowed under Section 3 of any of Pipeline's applicable firm

rate schedules and force majeure will be Cashed-out at the monthly average

spot price. Such imbalance quantities will be excluded from the

determination of imbalance percentages and the monthly Cash-out bill

determined pursuant to Section 8.5(B)(2).

 

(2) If a Cash-out Party's imbalance is less than or equal to 5%, the monthly

Cash-out bill will be based on the monthly average Spot Index Price. If a

Cash-out Party's imbalance is greater than 5%, the monthly Cash-out bill

will be based on the accumulated sum of the results of the formulas listed

below such that and until the total monthly imbalance is fully accounted

for:

 

Imbalance

Level Factor Applicable Spot Index by Zone

 

0% - =<5% 1.00 highest weekly

>5% - =<10% 1.10 (highest weekly x quantity >5%) + level above

>10% - =<15% 1.20 (highest weekly x quantity >10%) + levels above

>15% - =<20% 1.30 (highest weekly x quantity >15%) + levels above

>20% - =<25% 1.40 (highest weekly x quantity >20%) + levels above

>25% 1.50 (highest weekly x quantity >25%) + levels above

 

The amount due Pipeline shall be determined by multiplying the

corresponding Imbalance Level Factor for the Month by the applicable Spot

Index Price for the applicable Zone times the actual quantities of excess

delivery or deficiency of receipts for the Month. For Rate Schedule SCT

Customers, such Imbalance Level shall be determined after Pipeline

subtracts up to 4,828 Dth, as necessary, from each Rate Schedule SCT

Customer's total monthly imbalance. Such amount subtracted up to 4,828 Dth

will be Cashed-out at the monthly average. When the Total Monthly

Imbalance