Panhandle Eastern Pipe Line Company
First Revised Volume No. 1
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Effective Date: 01/01/1994, Docket: TM94-3-28-001, Status: Effective
Substitute First Revised Sheet No. 290 Substitute First Revised Sheet No. 290 : Superseded
Superseding: Original Sheet No. 290
GENERAL TERMS AND CONDITIONS
measurement basis (dekatherms), which has been
approved by Federal Energy Regulatory Commission
Orders approving GRI's RD&D expenditures.
(2) As to discounted transactions, if the discounted
rate is less than the GRI Funding Unit,
Panhandle shall remit that portion of the GRI
Funding Unit actually collected. For purposes
of discounted transactions, any GRI Funding Unit
shall be considered to be the first component of
(3) The applicable GRI Funding Unit shall be
determined for high load factor firm shippers
(load factor exceeding fifty (50) percent) and
low load factor firm shippers (load factor of
fifty (50) percent or less). The shipper's load
factor for each firm service agreement shall be
determined annually. The load factor shall be
calculated from actual firm volumes using the
most recent twelve (12) months of volumes
available (including volumes from assignment of
service rights pursuant to Section 15 herein) as
a percent of firm annual contract entitlements.
The Shipper's load factor determination shall
remain in effect for the ensuing calendar year.
For firm shippers without a historical load
factor, for purposes of the GRI Funding Unit,
the GRI Funding Unit shall be assessed each
month based on actual throughput for each prior
month of service until a twelve (12) month
history is established.
(c) Filing Procedure
The initial GRI Funding Unit or any subsequent
changes in such Funding Unit shall be filed by
Panhandle at least thirty (30) Days prior to the
proposed effective date.
The proposed effective date of filings pursuant to
this subsection shall be the effective date
prescribed by the Commission. Any such filing shall
not become effective unless it becomes effective
without suspension or refund obligation.