Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 05/01/1993, Docket: RS92- 22-005, Status: Effective

Original Sheet No. 74 Original Sheet No. 74 : Superseded

RATE SCHEDULE PS (Continued)

PEAKING STORAGE SERVICE

4.RATES

The rates and charges for service under this Rate Schedule shall

be as follows:

4.1 Capacity Charge

Shipper shall pay a Monthly Capacity Charge which shall be

the product of 1/12th the Maximum Stored Quantity times

the capacity charge per Dt. as set forth on the effective

Tariff Sheet No. 12.

4.2 Deliverability Charge

Shipper shall pay a Monthly Deliverability Charge which

shall be the product of the Maximum Daily Withdrawal

Quantity times the deliverability charge per Dt. as set

forth on the effective Tariff Sheet No. 12.

4.3 Injection Charge

Shipper shall pay an Injection Charge which shall be the

product of the Quantity of Gas actually received from

Shipper at the PS Point and injected into Storage during

the Month times the injection charge per Dt. as set forth

on the effective Tariff Sheet No. 12.

4.4 Withdrawal Charge

Shipper shall pay a Withdrawal Charge which shall be the

product of the Quantity of Gas actually withdrawn from

Storage and delivered to Shipper at the PS Point during

the Month times the withdrawal charge per Dt. as set forth

on the effective Tariff Sheet No. 12.

4.5 Surcharges

Shipper shall pay all surcharges specified in the General

Terms and Conditions or which otherwise may be applicable

to service under this Rate Schedule from time to time.