Transcolorado Gas Transmission Company LLC
Second Revised Volume No. 1
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Effective Date: 12/28/2007, Docket: RP08-167-000, Status: Effective
Original Sheet No. 280 Original Sheet No. 280 : Effective
GENERAL TERMS AND CONDITIONS
12. BALANCING OF GAS (Continued)
12.10 Credit of Cashout Revenues. Any cashout revenues that
exceed gas purchase and applicable costs will be credited to firm,
interruptible and negotiated-rate Shippers. The credits shall be calculated
by dividing the actual reservation and commodity revenues for each Shipper by
the total reservation and commodity revenues during the reporting period and
multiplying the result by the excess cashout revenues. The reservation and
commodity revenues used to calculate the refund allocation factor shall be net
of all applicable surcharges, including, but not limited to, ACA and GRI
surcharges. The reporting period shall be the annual period of January
through December. If gas purchase and applicable costs exceed revenues, the
costs exceeding revenues will be rolled into subsequent annual costs, as an
offset to revenues, until eliminated.
12.11 Third Party Imbalance Management. TransColorado will allow
Shippers to obtain imbalance-management service from a third-party provider
(TPP) subject to the following:
A. All transactions involving the physical payback of gas or
trading of imbalances on TransColorado's system must comply with the terms and
conditions of TransColorado's tariff.
B. The trading or curing of imbalances may only involve
procedures that are provided for in TransColorado's tariff.
C. Shippers will not be permitted to trade imbalances in any
manner that will increase a Shipper's imbalance on TransColorado's system.
D. Trading of imbalances may only be between imbalances on
E. When a Shipper desires to physically repay or take
deliveries of gas, either the Shipper or the TPP must have the necessary
transportation receipt and delivery point capacity to allow for the delivery
of the gas.
F. Neither the Shipper nor the TPP may transport or trade gas
to which they do not hold title.