National Fuel Gas Supply Corporation
Fourth Revised Volume No. 1
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Effective Date: 10/14/2004, Docket: RP04-591-000, Status: Effective
First Revised Sheet No. 418 First Revised Sheet No. 418 : Effective
Superseding: Original Sheet No. 418
GENERAL TERMS AND CONDITIONS
20. PASS-THROUGH OF FIXED TAKE-OR-PAY SURCHARGE (Cont'd.)
adjustments shall include interest payments or charges at the
Commission-approved interest rate calculated from the date the
payment was received, or if Buyer did not pay, the date payment
should have been received, through the date of such billing
adjustment.
(g) True Up. Within sixty (60) days of the last take-or-pay
payments made by customers related to Seller's individual
filings to flowthrough its upstream pipeline's take-or-pay
charge after the Commission's approval of each individual
upstream pipeline's take-or-pay allocation methodology by a
final, non-appealable order, Seller will submit to the
Commission for approval and to the parties a final report and
any further adjustments, if necessary, to insure that the
amount billed or flowed through to each of its customers is the
amount the customer owed or was due. Any such further
adjustments shall include interest at the Commission-approved
rate through the date of such adjustment.
In accordance with the Commission's order in Docket No.
RP91-47-006, et al., 68 FERC 61,132, each Shipper's share of take-
or-pay charges attributable to the take-or-pay provisions of this
Section 20 billed after July 29, 1994, may be recovered over an
extended amortization period not to exceed 36 months, at the
Shipper's option, commencing on the effective date of the filing.
Any payment required from Shipper and not received by Seller on or
before the due date shall bear interest in accordance with Section
5.4 of Seller's General Terms and Conditions to its FERC Gas Tariff.
Shippers, whose service agreement(s) with Seller expire on or after
December 1, 1990, and whom receive Commission authority to abandon
service from Seller at any time on or after December 1, 1990, shall
be directly billed for Shipper's full unpaid share of take-or-pay
charges attributable to take-or-pay charges approved by the
Commission and billed to Seller by its upstream pipelines, together
with carrying charges thereon through the date of the final
Commission order authorizing