T.W. Phillips Pipeline Corp.

Original Volume No. 1

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Effective Date: 01/01/2010, Docket: RP10-141-000, Status: Effective

Original Sheet No. 56 Original Sheet No. 56

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

15.6. Accounting Treatment – Transporter will establish a new sub-account to record the

revenues from any Negotiated Rate transactions and shall maintain supporting in-

formation at a level of detail sufficient for Natural Gas Act Section 4 rate

change filing purposes. Transporter will maintain records that keep separate and

identifiable each volume transported, billing determinant, surcharge, and revenue

associated with a Negotiated Rate to permit filings in the form of Statement G, I,

and J in future rate proceedings.

 

 

16. DISCOUNTED RATES

 

16.1. Transporter has the right to discount its rate from the maximum rates set forth

on the Statement of Rates and Charges, provided such rate is not below the stated

minimum rate. In the event that Transporter agrees to discount its rate to Ship-

per below Transporter’s maximum rate under Transporter’s Rate Schedules, the

applicable discount terms may be reflected on the FT and IT Agreement(s) and will

apply without the discount constituting a material deviation from Transporter’s

applicable pro forma FT or IT Agreement(s).

 

16.2. Order of Discounting – To the extent Transporter discounts the rates for service,

the rates for service will be deemed to have been discounted in the following

order: (1) Reservation Charge; and (2) Commodity Charge, but no charges will be

discounted below the stated minimum rate.

 

 

17. ANNUAL CHARGE ADJUSTMENT

 

17.1. Purpose – This section is filed pursuant to Section 154.402 and Subpart B of Part

382 of the Commission’s Regulations under the Natural Gas Act (“NGA”). The intent

and purpose of this section is to establish an Annual Charges Adjustment (“ACA”)

provision under which Transporter can recover from its customers annual charges

assessed to it by the Commission pursuant to Part 382 of the Commission’s Regula-

tions. All amounts assessed pursuant to Part 382 of the Commission’s Regulations

shall be recorded in Account 928.

 

17.2. Applicability – The ACA surcharge shall be applicable to all transportation trans-

actions performed by Transporter.