Carnegie Interstate Pipeline Company

Original Volume No. 1

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Effective Date: 01/01/1995, Docket: CP93-552-003, Status: Effective

Original Sheet No. 140 Original Sheet No. 140 : Effective

Superseding: Original Sheet No. 140

GENERAL TERMS AND CONDITIONS

(Continued)

31.3 (Continued)

(4) Except as otherwise provided

in this Section 31.3(b)(4), CIPCO shall

refund to Col-OH, Col-PA, NJNG, and UGI,

consistent with the Agreement in Principle,

the FERC-jurisdictional portion of any

refunds received by CIPCO from Texas

Eastern of amounts originally direct billed

to CIPCO by Texas Eastern as Account No.

191 transition costs, and post-May 31, 1993

CAP costs and associated carrying charges,

pursuant to Texas Eastern's FERC Gas

Tariff, and which were, in turn, direct

billed and collected by CIPCO from any such

customer pursuant to this Section 31.3(b),

regardless of when CIPCO receives such

refunds. CIPCO shall refund to such

customers such amounts, together with

applicable interest calculated in

accordance with Section 154.67(c) of the

FERC's Regulations, within sixty (60) days

after the date when any such refund is

received by CIPCO from Texas Eastern based

on the allocation percentages set forth in

Section 31.3(b)(1). CIPCO shall have the

right to offset against amounts to be

direct billed to each customer by CIPCO

pursuant to this Section 31.3(b), or any

unamortized amounts previously direct

billed to such customer, the amount of

refunds otherwise due such customer

pursuant to Section 31.3(b)(3).

(5) Within thirty (30) days

after the date specified in Section

31.3(b)(3), CIPCO shall file a report,

together with necessary supporting

workpapers, with the FERC showing the final

balance in the subaccount of Account No.

191 reflecting amounts direct billed to

CIPCO by Texas Eastern as Account No. 191

transition costs and post-May 31, 1993 CAP

costs. Within thirty (30) days after CIPCO

has completed recovery or refund of the

amounts to be direct billed or refunded

pursuant to this Section 31.3(b), CIPCO